HKEx introduces Rmb follow-ons, dual FX IPOs, prepares for TSF launch in October

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HKEx introduces Rmb follow-ons, dual FX IPOs, prepares for TSF launch in October

The Hong Kong stock exchange made moves to develop the fledgling offshore renminbi equity market this week, introducing follow-on offerings denominated in the currency and dual currency IPOs. The exchange also announced that its liquidity scheme, the Trading Support Facility (TSF), will launch next month.

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