RMB free lunch is over and this is a good thing, says Hang Seng Bank

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RMB free lunch is over and this is a good thing, says Hang Seng Bank

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The days of the renminbi as a stable currency with high investment yields are gone, but this is good in the long run for banks that want to have a healthier CNH balance sheet, says Andrew Fung, executive director and head of global banking and markets at Hang Seng Bank.

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