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  • September 19, 2014
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Results 1 - 10 of 13 for pboc

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  1. Yam well-suited for advisory role in PBOC

    Posted May 21st 2009, 12:00am by Staff Reporter

    ... Maria Chan and Natalie Chiu Joseph Yam Chi-kwong, Hong Kong's outgoing de facto central bank chief, could draw on his rich experience in monetary management and banking supervision to help the mainland integrate into the international financial marke ...

  2. PBOC stokes stock rebound in mainland

    Posted May 26th 2007, 12:00am by Staff Reporter

    ... Lee Yuk-kei Mainland stocks rebounded to record highs yesterday, lifted by remarks by People's Bank of China governor Zhou Xiaochuan and the head of the national pension fund, Xiang Huaicheng. Their comments failed to buoy the Hong Kong market, which ...

  3. Boost for HK as yuan trading hub

    Posted Jun 15th 2012, 12:00am

    ... as China's economic growth weakened, hit by slumping exports to Europe. Neither the HKMA nor the People's Bank of China (PBOC) would yesterday confirm any relaxation of measures. But HKMA executive director Carmen Chu said the authority had been negotiating with the PBOC on how to develop the yuan business, including a request from the Hong Kong Association of Banks to relax ...

  4. HK banks press for wider access to the mainland

    Posted Nov 20th 2003, 12:00am by Enoch Yiu

    ... and People's Bank of China (PBOC) governor Zhou Xiaochuan signed the yuan banking services agreement announced on Tuesday. A delegation from the Hong Kong Association of Banks asked Mr Zhou for wider access to the mainland market. In particular, they want the foreign ownership ceiling in banks relaxed further than the PBOC has indicated it is prepared to go. It proposes raising the ceiling ...

  5. Hang Seng to expand yuan business

    Posted Aug 03rd 2011, 12:00am

    ... for purposes other than trade financing. 'Our yuan lending business has always focused on trade financerelated activities. The PBOC's move won't affect Hang Seng Bank's yuan ... 2009 China approved a pilot scheme allowing companies to settle cross-border trade in yuan. The real take-up of the yuan business came after PBOC last year allowed yuan transfers between ...

  6. CSCI inks HK$63b of likely tenders

    Posted Sep 22nd 2011, 12:00am

    ... financing projects. A JPMorgan report said: 'The guidelines related to affordable housing loans issued recently by PBOC [People's Bank of China] are likely to accelerate the growth in new ...

  7. London seen as yuan threat

    Posted Apr 20th 2012, 12:00am

    ... launch of the yuan bond in London. The move by PBOC to widen the yuan-dollar band from 0.5 per cent to 1 per cent was a sign of market liberalisation of the yuan, she said. Lu Zhongyuan, ...

  8. Landmark yuan deal brings new products

    Posted Jul 20th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu Standard Chartered and HSBC were the first banks off the starting blocks to offer yuan investment products after a landmark agreement between the Hong Kong Monetary Authority and the People's Bank of China was signed yesterday. The deal signed by HKMA chief executive Norman Chan Tak-lam and PBOC deputy governor Hu Xiaolian allows financial institutions to open mainland currency ...

  9. Singapore seeks role as yuan trading centre

    Posted Apr 18th 2011, 12:00am

    ... lobbied the PBOC for approval on yuan trade settlements, but the central bank had so far not agreed to this request, the person familiar with the situation said. Undersecretary for financial ...

  10. Filled quota brings yuan party to abrupt halt

    Posted Oct 30th 2010, 12:00am by Enoch Yiu

    ... it seems we have to slow down,' the banker said. The HKMA said it was in talks with the PBOC to expand the quota. Bankers said if the quota remains at just 8 billion yuan next year, it would ...




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