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ETFs based on China benchmarks take advantage of new liquidity rules

The launch of European and US ETFs based on offshore renminbi-denominated indexes signal a new development in investment in the currency

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Chinese currency becoming increasingly easy to invest in

The renminbi is becoming an increasingly attractive investment opportunity, with exchange-traded funds (ETFs) on offer in Europe delivering the kind of daily liquidity that means they at least resemble open-ended funds.

Interest can mainly be traced back to the success of an application by ETF provider Source and its Hong Kong-based asset management partner CSOP under the Renminbi Qualified

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