• Monday
  • July 28, 2014
  • Last updated: 12:36pm
Hong Kong

Humidity 

UV 

Pollution 

Search Results

Results 1 - 10 of 8639 for offshore yuan trading

Related topics matching your search

Search results

  1. Beijing lifts funds limit for offshore investment

    Posted May 24th 2005, 12:00am by Jamil Anderlini

    ... exchange reserves to head offshore. China's foreign exchange reserves grew to US$659.1 billion by the end of March and pressure has been growing from its trading partners, especially the United States and Europe, for the government to revalue the yuan. However, with China's trade surplus alone expected to expand to US$100 billion by the end of the year from US$32 billion ...

    http://www.scmp.com/article/501735/beijing-lifts-funds-limit-offshore-investment
  2. Garment makers told to go offshore to skirt quota row

    Posted Jun 11th 2005, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai As trade friction rises with the United States and the European Union, China is telling its textile and garment producers to locate production facilities ... trade friction is primarily the responsibility of the mother country, but companies must not sit on their hands. Setting up plants abroad enables them to use foreign human and raw material ...

    http://www.scmp.com/article/504001/garment-makers-told-go-offshore-skirt-quota-row
  3. A lost opportunity for bold yuan trade reform

    Posted Nov 02nd 2005, 12:00am by Staff Reporter

    ... into a fully fledged offshore trading centre will help the mainland manage the yuan's gradual transition to complete convertibility. As of the end of August, Hong Kong banks' yuan deposits ... Two years is a long time to wait for 30,000 yuan. China's central bank, the People's Bank of China, yesterday announced that a daily 50,000 yuan limit on remittances from Hong ...

    http://www.scmp.com/node/523125
  4. Once despised, yuan comes into neighbours' embrace

    Posted Jan 10th 2005, 12:00am by Mark O'Neill

    ... Mark O'Neill in Shanghai Hong Kong could yet see itself as a major offshore centre for the rising currency From today, holders of Chinese yuan-denominated credit cards will be able ... that the yuan will sooner or later be revalued has greatly increased the appetite for it. The higher profile of the yuan has led to the prospect of Hong Kong becoming its main offshore centre, ...

    http://www.scmp.com/article/484877/once-despised-yuan-comes-neighbours-embrace
  5. Trade disputes may shrink company ranks

    Posted Aug 25th 2005, 12:00am by Staff Reporter

    ... of the yuan. Ms Leung said customers mainly engaged in exporting might have a need for currency hedging and HSBC would apply to set up onshore yuan forward trading. The bank also intended to offer offshore yuan non-deliverable forwards for SMEs, despite little demand at the moment. Ms Leung said the bank aimed to further expand its commercial banking business by focusing more on small ...

    http://www.scmp.com/article/513426/trade-disputes-may-shrink-company-ranks
  6. Yuan gets a taste of things to come

    Posted Apr 30th 2005, 12:00am by Tom Holland

    ... trade before next week's mainland holiday, which pushed the exchange rate to as low as 8.27 yuan to the US dollar. That is the strongest level the yuan has hit since its 33 per cent ... its currency to rise, so will they. That will boost the value of the trade-weighted basket and, in turn, raise the yuan's value further. The result could be run-away appreciation. Some ...

    http://www.scmp.com/article/498788/yuan-gets-taste-things-come
  7. Offshore warrants timed for Link debut

    Posted Nov 23rd 2005, 12:00am by Enoch Yiu

    ... of the actual units, and may divert trade away from the underlying securities listed in Hong Kong. Similar to an option, a warrant gives the holder the right but not the obligation to buy the underlying ... next year. Investors who believe that units in Link Reit will trade above their issue price within these expiry dates may buy the warrants and convert them into units at what ...

    http://www.scmp.com/node/526109
  8. Hang Seng yuan deposits surge after revaluation

    Posted Jul 25th 2005, 12:00am by Staff Reporter

    ... will rise a cumulative 7 per cent by the end of the year, to trade at 7.8 yuan against the US dollar. The bank forecasts a further 8 per cent appreciation next year. Mr Or said the yuan's revaluation will not necessarily help the local banking sector's proposal for Beijing to turn Hong Kong into a yuan offshore trading centre. As a first step towards providing a regulated channel ...

    http://www.scmp.com/article/509577/hang-seng-yuan-deposits-surge-after-revaluation
  9. Tax law on offshore gains reviewed

    Posted Mar 31st 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu The government has proposed a further easing of rules governing profit tax exemption for offshore funds. In a paper presented to legislators yesterday for discussion next week, the government said it would now accept the earnings of offshore funds trading in derivatives, foreign exchange gains and asset management as exempt from the 17.5 per cent profit tax. Initially, only ...

    http://www.scmp.com/article/494779/tax-law-offshore-gains-reviewed
  10. Taipei may boost yuan exchanges

    Posted Oct 25th 2005, 12:00am by Lawrence Chung

    ... market, where the exchange rate is usually unfavourable.' Since the service started, an average of more than 1 million yuan has been traded each day, according to banking statistics. This has ... exchanges on two offshore islands are successful, Premier Frank Hsieh Chang-ting said yesterday. 'We will consider extending transactions to certain areas in Taiwan proper if the trial ...

    http://www.scmp.com/node/521965

Pages

Login

SCMP.com Account

or