Highlights
- CES SCHK100, a Hong Kong blue chip index, outperformed other Mainland and Hong Kong broad base indices by surging 7.6 per cent in the month
- Macau’s gaming revenues rose year on year for the sixth consecutive month. They were up 3.1 per cent while the CES G10 climbed 4.9 per cent
- The RMB’s exchange rate against the US dollar stabilised and bolstered the A-share market. CES A80, which tracks A-share blue chips, rallied 3.6 per cent
- HKEX plans to roll out Mainland government bond futures and more RMB products this year
- HKMA reported RMB deposits shrank 36 per cent in Hong Kong in 2016. The news was followed by more calls for a diversified range of RMB investment products to attract capital
- MSCI warned the inclusion of A shares in its indices may be halted if the Mainland continues capital controls
- The average daily turnover of Mainland A-share index futures traded in Singapore ended the month down 45 per cent year on year, but open interest rose 8.5 per cent from December
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