RMB pricing of Hong Kong stocks press the "acceleration button" 12 leading companies apply for additional RMB counters

FAP, April 15 (FAP)-- at present, 12 Hong Kong stock companies have also applied for the addition of RMB counters. There are signs that "RMB direct purchase of Hong Kong stocks" is just around the corner. Industry insiders believe that the double-counter model provides investors with more investment options and helps to improve the activity and trading volume of Hong Kong stocks. The addition of RMB counters in Hong Kong stocks will enhance investors' enthusiasm for settlement, investment and financing in RMB transactions, enrich the RMB-denominated financial product system, and open up incremental business space for relevant securities firms. Industry insiders believe that the trading volume of technology stocks ranks first in the Hong Kong stock market, and as it takes the lead in applying for the addition of RMB counters, it is expected to further reduce the impact of exchange rate fluctuations on the stock returns of mainland investors. (Shanghai Stock Exchange News)