HKEx mulls liquidity support for RMB equity trading

Hong Kong Exchanges and Clearing, the operator of the Hong Kong stock exchange, is exploring whether to provide renminbi on a limited basis to Hong Kong dollar investors to facilitate trading in forthcoming RMB equity products, its head of market development, Romnesh Lamba, told a conference yesterday. Addressing an audience at Bank of America-Merrill Lynch’s RMB Internationalisation Day at the JW Marriot Hotel in Hong Kong, Lamba pointed out that any move by the HKEx to offer RMB liq…