By Ruby Lian and Fayen Wong – Reuters
The Hong Kong Mercantile Exchange plans to launch yuan-settled gold and copper futures by July, its president said on Friday, as it looks to tap growing interest in commodities from Chinese investors.
Albert Helmig also told reporters in Shanghai that the bourse would offer yuan-denominated contracts for other industrial metals in the next 12 months.
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**CAF Note: You bet they planned this!**
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~ Chairman Mao
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