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  • October 22, 2014
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  1. Experts predict unprecedented crisis for city

    Posted Oct 13th 2008, 12:00am by Joyce Man

    ... the government should weather the global economic crisis. To stabilise the currency's value, the government must have a large amount in foreign currency reserves, Professor So said, adding that Hong ... Joyce Man Hong Kong could be facing an unprecedented economic crisis and should not expect the government's foreign reserves to save it in the long run, speakers on a weekly radio ...

  2. Beijing wise to tread cautiously amid crisis

    Posted Mar 06th 2009, 12:00am by Staff Reporter

    ... of acting too cautiously given the scale of the problems. Unemployment is rising and the threat of social unrest is ever-present. China has vast foreign currency reserves and digging deep into them ...

  3. Yuan bonds in HK bring offshore market closer

    Posted Dec 16th 2008, 12:00am by Staff Reporter

    ... by the financial crisis to increase the influence of its currency. 'It seems recently that China has been quite active in making the yuan a regional and eventually international currency,' Mr Ma ... won (HK$212.8 billion) currency swap accord to ensure financial stability in the countries amid the widening financial crisis. Yang Tao, the deputy director of the Finance and Banking ...

  4. Lai See

    Posted Apr 07th 2011, 12:00am

    ... relief for Asian currencies under threat. The first effort collapsed at the first signs of the Asian crisis in 1996, and the refurbished model has yet to be tested. Trying to institute ... flexible exchange rates.' But the bank never calls a spade a spade and says Hong Kong's currency is misaligned or its monetary policy is flawed. One of its suggestions for countries ...

  5. Business - Companies - LISTINGS

    Meilan plans dual-currency IPO in Hong Kong

    Posted Aug 14th 2012, 12:00am by Enoch Yiu

    ... Meilan plans dual-currency IPO Meilan International Holdings, a mainland chemical producer, may become the first company to raise both yuan and Hong Kong dollars with a planned dual-currency ... Previously, companies including jewellery retailer Chow Tai Fook Jewellery had initially planned dual-currency IPOs but eventually chose to list in Hong Kong dollars only due to the complications ...

  6. Business - Money - MONITOR TOM HOLLAND

    Dual-currency IPO breaks cardinal rule of capital markets

    Posted Aug 15th 2012, 12:00am by Tom Holland

    ... Tom Holland Two-track yuan and Hong Kong dollar listing plan is one bad idea, despite surface appeal of being first off the block and tapping more pools of liquidity Dual-currency IPO ... to launch a dual-currency yuan and Hong Kong dollar share offering on the city's stock market. It's a lousy idea. You can see why someone thought a dual-currency listing might be a clever ...

  7. A boost for HK's yuan hub role

    Posted Aug 19th 2011, 12:00am

    ... in Beijing's ultra-cautious policy of gradually opening China's capital account and encouraging wider use of its currency, they are much more significant. One new initiative is to allow ... of yuan to buy mainland securities will enable them to avoid currency risks but is unlikely to satisfy demand, given that a 20-billion-yuan limit is dwarfed by the city's yuan deposits. ...

  8. London in HK link-up to trade in yuan

    Posted Jan 17th 2012, 12:00am

    ... plan to boost international usage of the currency. The tie-up with the City of London, including extensions of currency trading hours, is the first such agreement with another financial centre and signals Hong Kong's intention to deepen its involvement in building the yuan into a truly global currency. Britain's finance minister, Chancellor of the Exchequer George Osborne, played ...

  9. On the Money

    Posted Jun 14th 2012, 12:00am

    ... crisis settles down before considering unpegging its currency from the US dollar. Sheena Smith, nutritionist I'm working in Hong Kong now but I plan to go back to Australia at some point, so ... the currency system. The government should wait for things to settle down before thinking about changing the system. Steve Wong, salesman Joseph Yam is just trying to make a stir in Hong Kong ...

  10. What constitutional crisis? It's a waste crisis we face

    Posted Oct 17th 2010, 12:00am by Staff Reporter

    ... The current deadlock between the Legislative Council and the executive is indicative of Hong Kong's stunted political system. Our chief executive is selected by a small circle drawn mainly from business groups, yet, with this narrow mandate, he is su ...




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