Exchanges take shape in Macau, Guangzhou to turbocharge south…

Two new financial markets are taking shape on the drawing boards in southern China, with the potential to turbocharge the Greater Bay Area (GBA)’s economic growth engine. This is the making of Asia’s largest and peerless capital market.A carbon futures exchange is due for commencement this year in Guangzhou, augmenting the brisk transactions of emission certificates that had been ongoing in the Guangdong provincial capital since 2013. Across the Pearl River in the special administrative region…

Source link