In another small step forward for the renminbi, Li Ka-shing is preparing Hong Kong's first yuan-denominated IPO. Li's Cheung Kong Holdings (CHEUY.PK) rise 3.4% in Hong Kong after news that it will sell $1.5B in shares of a REIT backed by a development in Beijing.
In another small step forward for the renminbi, Li Ka-shing is preparing Hong Kong's first...
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