As the Hong Kong economy became increasingly integrated with that of Mainland China, it has benefited tremendously from the strong performance of the Mainland economy. At the same time, skilful macroeconomic management and sustained structural reforms on the Mainland have engendered a virtuous...

This study reviews the developments in the onshore and offshore renminbi derivatives markets. The onshore market has seen a rapid build-up in the market infrastructure and price discovery mechanism in the past year, with empirical evidence suggesting that its pricing is increasingly determined...

This study reviews the developments in the onshore and offshore renminbi derivatives markets. The onshore market has seen a rapid build-up in the market infrastructure and price discovery mechanism in the past year, with empirical evidence suggesting that its pricing is increasingly determined...