OTCID:HCGI - Post by User
Comment by R_J_on May 16, 2017 5:42am
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Post# 26248238
RE:This is news. Hong Kong exch to trade both CHN & USD
RE:This is news. Hong Kong exch to trade both CHN & USD"This is news. Hong Kong exch to trade both CNH & USD gold, together on the same exchange."
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First, like I often do, Peep2 made a typo, above used ‘CHN’ rather than ‘CNH’.
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Being a little unsure of exactly what we were talking about, I Googled ‘CNH’ and nothing sensible appeared for many pages.
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CNH is the symbol for the offshore Chinese Renminbi, often referred to as the Yuan.
CNY is the symbol when trading inside of China.
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In this case, Hong Kong, is considered outside of China.
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CNH, CNY, Renmimbi, Yuan
It seems strange.
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“Oh, East is East, and West is West, and never the twain shall meet,
Till Earth and Sky stand presently at God’s great Judgment Seat;” ~ Kipling
[ Or was it Dinah Shore? ]
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RJ