RMB-round-up: Connect burns through quota, ASX introduces RMB depository service, HK RMB clearing picks up

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RMB-round-up: Connect burns through quota, ASX introduces RMB depository service, HK RMB clearing picks up

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In this round-up, Stock Connect southbound flows pick up considerably, the Australian Securities Exchange (ASX) introduces an expanded RMB clearing and depository facility, and RMB clearing in Hong Kong increases in August. Plus, a recap of our coverage this week.

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