Tag: Offshore Renminbi

November 03, 2014 BY Mike Fox

Hong Kong Monetary Authority designates seven CNH Primary Liquidity Providers

The Hong Kong Monetary Authority (HKMA) announced today that it has designated seven banks as Primary Liquidity Providers (PLPs) for the offshore renminbi (CNH) market in Hong Kong. These designated PLPs have pledged to expand their market-making activities in Hong Kong for various CNH instruments, and use the Hong Kong platform in promoting their global…

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