Hong Kong Exchanges and Clearing Ltd will introduce the futures on 17 September, a move which has been discussed since April. The futures will be quoted in yuan per US dollar. 

"These new futures are part of our strategy to offer a wide range of RMB-related products and expand beyond equities and equity-related derivatives into fixed income, currencies and commodities," said HKEx chief executive Charles Li in a statement. 

"In addition, they will help us support RMB internationalisation and Hong Kong's further development as an offshore RMB centre," Li added.