CNH Tracker-A booster shot for the Hong Kong market

By Saikat Chatterjee HONG KONG, May 2 (Reuters) - Latest reforms in the offshore yuan markets will help banks overcome periodic shortages of cash and signals a new pipeline of products in a market that has stagnated in recent quarters. In a series of steps last Thursday, the Hong Kong Monetary Authority, the city's de-facto central bank, removed trading limits and dismantled mandatory reserve requirements for banks trading the offshore yuan. The measures taken were essentially two-p