CNH Tracker-As London aspires to larger yuan role, Hong Kong only cements its lead

By Saikat Chatterjee HONG KONG, Oct 17 (Reuters) – London has stepped into a bigger role as an offshore yuan hub this week but its challenge to Hong Kong’s entrenched position as a key player in the internationalisation of the Chinese currency is not likely to immediately dent the city’s business. Some say that widening the net of yuan investors to London and Europe may benefit Hong Kong, a special administration region of China. The city enjoys close ties with the mainland and has alr