FO Intelligence
Hong Kong Exchanges and Clearing plans to introduce renminbi-denominated derivatives within the next three years, though it did not specify what they would cover.
The bourse revealed today (Thursday March 4) its strategy to: "capture the new mainland opportunities and position ourselves competitively against emerging international competition".
HKEx also announced its 2009 results: profits fell 8%.
The exchange’s strategy for the next three years has three elements. Its ‘core strategy’ comprises plans to achieve organic growth; the ‘extension strategy’ is designed...
