Hong Kong Exchanges and Clearing (HKEx) is looking to roll out an RMB equity trading support facility (TSF) or yuan trading pool in October, China Daily reports. The move will let investors purchase yuan-denominated securities in the secondary market with Hong Kong dollars if they face difficulty in obtaining yuan. As of August-end, 81 exchange participants and 10 custodian participants registered for the yuan liquidity pool facility. The HKEx has not yet decided the size of the TSF, though it expects the initial size to be correlated with the size of the RMB offerings that the TSF will support.
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