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  • April 20, 2014
  • Last updated: 2:41am
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Results 1 - 10 of 45 for offshore yuan trading

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  1. Business - Banking & Finance - DEBT

    Investors rush for yuan bonds in Taiwan

    Posted Dec 10th 2013, 02:56am by Daniel Ren

    ... Taiwan's role as an offshore yuan market. Yuan deposits have been growing rapidly on the island in step with rising trade and investments between the two sides. Total yuan deposits in Taiwan ... of China raised a combined 6.7 billion yuan from the so-called Formosa bonds, which begin trading today. The successful bond sales in Taiwan, which is sitting on a pile of 123 billion of yuan ...

  2. Business - Companies - DEBT

    Mercedes-Benz rekindles panda bond hopes in China

    Posted Jan 22nd 2014, 12:54am by Jeanny Yu

    ... size and its purpose. It did not say if the funds would be raised through the newly established Shanghai free-trade zone, which gave foreign investors freedom to issue yuan-denominated notes ... yuan-denominated bond, according to HSBC fixed-income analyst Crystal Zhao. "Seasonal factors might cause offshore rates to jump in late January before Lunar New Year. In the other direction, we ...

  3. Business - Commodities - DEBT

    Oil rig giant is key to Titan's restructuring

    Posted Apr 16th 2014, 01:21am by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Bond issue worth 400m yuan intended to get mothballed Fujian shipyard up and running Oil rig giant is key to Titan's restructuring Titan Petrochemicals, which is restructuring more than US$400 million of debt and has just signed a conditional co-operation deal with the world’s largest oil rig maker Keppel Corp, needs up to 400 million yuan ...

  4. Business - Money - DEBT

    Poly Real Estate's US$500m bond reopens market

    Posted Apr 18th 2014, 01:17am by Jasper Moiseiwitsch

    ... effectively shut down in March after the default of Zhejiang Xingrun Real Estate on 3.5 billion yuan (HK$4.4 billion) of domestic bank loans and other debt. Investors are concerned about refinancing ... Nanjing Fudi Property Developing failed to repay a 90 million yuan loan that came due this month, wrote Nomura economist Zhiwei Zhang in a note on Wednesday. Zhang added that, in March, Guizhou ...

  5. Business - China Business - DEBT

    Offshore buying spree sparks boom in loans

    Posted Nov 25th 2013, 03:52am by JASPER MOISETSCHE

    ... Jasper Moiseiwitsch jasper.moiseiwitsch@scmp.com As mainland companies embark on a spate of acquisitions, global banks are positioning themselves for a slice of the lending market Offshore buying spree sparks boom in loans Mainland firms are in the middle of an offshore acquisition binge, which is pushing up syndicated loan volumes. Issuers including entities incorporated in Hong ...

  6. Business - Money - DEBT

    China Properties drops plans for yuan bonds in favour of US currency debt

    Posted Feb 20th 2014, 01:16am by BLOOM

    ... to the Hong Kong stock exchange earlier this week it planned to sell offshore yuan securities. Those similar-tenor notes were being offered to yield about 11.5 per cent. "Supply has started ... Bloomberg in Singapore China Properties drops plans for yuan bonds China Properties Group has abandoned plans to sell yuan-denominated bonds in favour of notes denominated in US dollars ...

  7. Business - Banking & Finance - DEBT

    China Construction Bank eyes issue of 20b yuan of subordinate debt

    Posted Apr 01st 2014, 01:20am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Construction Bank eyes preference share issue China Construction Bank plans to issue 20 billion yuan (HK$25.2 billion) of subordinate debt on the mainland ... possible ways to maintain our capital strength," said chairman Wang Hongzhang in Hong Kong yesterday after the bank posted a net profit of 215.1 billion yuan for last year, an increase of 11.1 ...

  8. Business - Banking & Finance - DEBT

    CSRC approves more issues of dim sum bonds in Hong Kong

    Posted Nov 06th 2012, 12:00am by ENOCH YIU AND TONY CHEUNG

    ... regulators have approved four more companies to issue yuan-denominated dim sum bonds in Hong Kong, a fresh boost to the city's status as the No 1 offshore yuan trading centre. Though ... settlement and bond issues in yuan in a bid to accelerate the process of internationalising the currency. While Hong Kong has taken the pole position in offshore yuan trading, it has competition. ...

  9. Business - Banking & Finance - DEBT

    China bonds start year on strong note

    Posted Jan 07th 2014, 01:46am by JASPER MOISEIWITSCH AND JEANNY YU

    ... in high-yield yuan bonds. Clients can borrow in dollars at about 1.25 per cent, while some Chinese property bonds yield in the double digits. Chinese firms are looking to raise cash offshore as money ... debt had swollen to 17.9 trillion yuan (HK$22.9 trillion) by the middle of last year. The figure is nearly 70 per cent more than previously disclosed, indicating risks are building up ...

  10. Property - Hong Kong & China - DEBT

    Risks loom for developers after bond sale rush

    Posted Nov 21st 2013, 02:47am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Possible yuan fluctuations spark concern as mainland property firms raise funds offshore Risks loom for developers after bond sale rush Mainland ... in issuing bonds offshore rather than onshore, especially with an expectation of [yuan] appreciation," Moody's Investors Service said in a report. Yin disagreed. "Appreciation ...




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