HSBC's new fund
By Hu Xiaocen |
June 14, 2012, Thursday
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Print Edition
Print Edition
HSBC Holdings Plc has launched a mutual fund in the US that invests in yuan-denominated fixed income products in offshore yuan markets, including bonds and deposits, to provide American investors with more investment opportunities.
The London-based lender said yesterday in a statement that the expansion of the offshore yuan market has attracted more overseas investors to invest in offshore yuan products.
The London-based lender said yesterday in a statement that the expansion of the offshore yuan market has attracted more overseas investors to invest in offshore yuan products.
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