Yangzijiang makes subdued renminbi trading debut on SGX

The Chinese shipbuilder becomes the first company to have its shares trade in renminbi in Singapore, making use of the exchange’s dual-currency platform.

Anette Jönsson

August 07, 2013

The debut of equities trading in offshore renminbi by Yangzijiang Shipbuilding on the Singapore Exchange (SGX) on Monday was not quite a Big Bang. Indeed, with only 27,000 shares traded the entire day it went pretty much unnoticed.

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