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  • November 27, 2014
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  1. Development of yuan market not threat to local currency, Chan says

    Posted Feb 26th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu The development of a yuan market in Hong Kong does not pose a threat to the local dollar's legal tender status, Secretary for Financial Services and the Treasury Chan Ka-keung said yesterday. Chan said the offshore yuan market would be deve ...

  2. whats on

    Posted Mar 19th 2005, 12:00am by Staff Reporter

    ... MARCH 21 'Currency Trend: Hong Kong dollar, Chinese yuan and Asean majors', organised by the Hong Kong General Chamber of Commerce, will discuss the latest trend of major currencies in Asia Inquiries: 28231210 Speaker: Andrew Fung, managing director, sales, treasury and markets Greater China, DBS Bank MARCH 22 'The Business of Colour', organised ...

  3. Events

    Posted Aug 06th 2012, 12:00am

    ... Tuesday, August 7: Chamber of Hong Kong Listed Companies talk: 'Briefing on SFC guidelines on disclosure of inside information'. Central Plaza, Wan Chai. Hong Kong Securities Institute lunch: 'Introduction of renminbi currency futures'. Wing On Centre, Central. Thursday, August 9: British Chamber of Commerce lunch: 'Smart tips for small businesses: ...

  4. On the Money

    Posted Jun 14th 2012, 12:00am

    ... 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 ... 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 ...

  5. Letters

    Posted May 26th 2008, 12:00am by Staff Reporter

    ... not to increase the price of their products. In Hong Kong we are not as fortunate and we have experienced rising inflation because of the weak Hong Kong dollar pegged to the US currency. Our government ...

  6. Yuan settlement offers long-term benefits to HK

    Posted Sep 24th 2009, 12:00am by Kate Watson

    ... Kate Watson Hong Kong is poised to benefit in the long term as a yuan repository following the debut of the currency's trade finance settlement policy in July. However, it is unclear ... months exporters' operating costs have escalated, which has created pressure on their margins. Using the yuan as the currency for settlement will enable these companies to better project ...

  7. Scheme for rich migrants needs checking for fakes

    Posted Mar 15th 2009, 12:00am by Staff Reporter

    ... As an open city, Hong Kong has, paradoxically, been more welcoming to outsiders than to our mainland brethren. Currency and migration controls imposed by mainland authorities mean Hong ... in the use of the mainland's currency, the yuan, consideration should at some point be given to ending the scheme's bar on mainland investors. That would be the most desirable outcome. ...

  8. Yuan investments plan promises rewards, risks

    Posted Dec 30th 2009, 12:00am by Denise Tsang

    ... mainland investors to use the currency to invest here, said experts. Few details of the plan were released, but it is one of several proposals Premier Wen Jiabao raised during Chief Executive Donald Tsang Yam-kuen's visit to Beijing on Monday and will help lay the foundation to make the yuan an international currency. 'Hong Kong is a major window to test the waters,' ...

  9. In Brief

    Posted Feb 08th 2005, 12:00am by Staff Reporter

    ... them to expand on the mainland. Forex reserves US$125b Hong Kong is the world's seventh-largest holder of foreign currency reserves, with official foreign currency reserve assets ...

  10. HK rents third most expensive for expatriates

    Posted Feb 16th 2011, 12:00am by Sandy Li

    ... property in the Japanese capital. 'Currency movement can have a big impact on costs for companies sending employees on assignment. Tokyo is a case in point as the strengthening of the yen against major currencies, including the greenback, means that while rental prices quoted in yen dropped 7 per cent, they increased 2 per cent when converted into dollars,' Quane said. ...




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