(Adds background)
March 31 (Reuters) - Tencent Holdings Ltd said
on Friday the video game company has applied for a dual currency
counter with the Hong Kong Stock Exchange to allow investors to
trade its shares in the yuan, in addition to the Hong Kong
dollar.
The stock exchange said in December it will introduce a new
dual counter trading model from the first half of 2023.
Other Hong Kong-listed companies such as insurer AIA Group
Ltd have also applied for a dual currency counter with
the Hong Kong exchange.
The launch of the dual currency counter is aimed at further
advancing the internationalisation of the Chinese yuan, the Hong
Kong bourse operator said earlier this month.
(Reporting by Nausheen Thusoo in Bengaluru; Editing by Shounak
Dasgupta)
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