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  • November 26, 2014
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Results 1 - 10 of 215 for offshore yuan trading

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  1. Mainland lenders face more delay on HK bonds

    Posted Jul 07th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu State Council has yet to give final approval for yuan issues Mainland banks may be forced to further postpone their planned yuan-denominated bond issues in Hong Kong until September because the State Council has yet to provide final approval, sources said. As of last week, the mainland government's top executive had not given final approval for the offshore bond ...

  2. In Brief

    Posted Oct 06th 2010, 12:00am by Staff Reporter

    ... to weigh up the benefits of settling trade in renminbi against the risks of relaxing its controls over the capital markets. Developing Hong Kong as an offshore centre for renminbi business provides ... Hin-chi opposed the idea, saying the 1989 movement had evolved into an anti-Communist Party campaign. Yuan business to benefit finance in HK, Tsang says Developments in the Chinese currency were ...

  3. Difficult outlook for Swire Pacific Offshore

    Posted Mar 12th 2011, 12:00am by Keith Wallis

    ... Keith Wallis Swire Pacific Offshore sees a challenging market for its core offshore supply vessel business in 2011 as a result of an oversupply of ships and low charter rates. John Rae-Smith, executive director of Swire's trading and industrial division, said Swire Pacific Offshore was also facing tough competition from other shipowners. 'There is a lot ...

  4. Changhong puts on spirited display

    Posted Sep 08th 2008, 12:00am by Staff Reporter

    ... market, and government intervention in the industry are holding the company back. Changhong's colour television unit, which contributed 40 per cent of the listed arm's 30 billion yuan ... sector with about 20 overseas and domestic players. The listed unit, Sichuan Changhong Electric, had earnings of 330 million yuan last year, up 8 per cent from 2006. Profit growth has been steady ...

  5. HSBC banker predicts growth in trade will continue into next year

    Posted Mar 16th 2011, 12:00am by Keith Wallis

    ... to prevent global recovery.' Turning to the use of yuan in cross-boundary trade settlements, Lewis thought there was 'a lot of experimenting going on' with most users taking advantage of the 'interest rate arbitrage' between US dollars and yuan. But he also believed there had been specific trade settlements in the mainland currency. He said a HSBC survey showed the yuan would ...

  6. Domestic spending 'better tool than yuan'

    Posted Jan 19th 2011, 12:00am by Enoch Yiu

    ... Enoch Yiu While US lawmakers are pressing China to allow the yuan to strengthen to correct the trade imbalance with their country, a leading Canadian economist believes a better ... against the US dollar amid claims Beijing is keeping the yuan artificially low. They argue the undervalued yuan has led to cheap Chinese goods flooding the US market and creating the trade ...

  7. The promise and pitfalls of FX trading

    Posted Feb 13th 2011, 12:00am by Stephen Vines

    ... about foreign exchange trading is generally confined to the back pages of the business press, the forex market is the largest financial market in the world. It is also the world's most liquid and fluid market and trades round the clock. Volumes in this market can amount to a mind-boggling US$2 trillion per day. Hong Kong is a major player in this market and is estimated ...

  8. Speculators develop taste for rubber futures trade

    Posted Mar 22nd 2010, 12:00am by Staff Reporter

    ... hands on the Shanghai Futures Exchange- an all-time high. The turnover of nearly 500 billion yuan (HK$57 billion) highlighted how rubber contracts have become the most actively traded commodity ... 'Brisk trading will continue amid mixed views on economic outlook and on supply-demand balance.' This year, rubber prices have fluctuated as much as 4,000 yuan in heavy trading. Investors ...

  9. Liquidators appointed at Norstar amid slump, soured forex trades

    Posted Feb 07th 2009, 12:00am by Charlotte So, Kandy Wong

    ... trading was suspended in the company's shares. The company said it 'adversely suffered' from the accumulators as a result of the volatility of the foreign exchange market in the fourth quarter. The company also disclosed that it had been sued by Shanghai Industrial Investment to recover an advance payment of 326.6 million yuan (HK$370.53 million). The High Court ...

  10. Little chance of currency deal to avert looming trade battle

    Posted Jan 11th 2011, 12:00am by Tom Holland

    ... with Tom Holland The Brazilian finance minister believes the world's 'currency war' is going to escalate into a global trade war. He may be right. Guido Mantega caused ... of their currencies in order to steal a trade advantage. Now he's at it again, telling the Financial Times that the currency war is developing into an outright trade war. From Brazil's point of view ...




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