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  • October 22, 2014
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Results 1 - 10 of 1993 for offshore yuan trading

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  1. Decline in HK-traded yuan indicates road of appreciation no longer one way

    Posted Oct 03rd 2011, 12:00am

    ... against global currencies. That laid the groundwork for the surprising decline in the yuan traded in Hong Kong (CNH) recently. It triggered chaos in global foreign exchange and local currency ... on the yuan's appreciation and largely ignored the underlying credits. In a couple of days, almost a year's profits in yuan-denominated bonds were wiped out. The HSBC Offshore Renminbi Bond Index ...

  2. Mainland to relax offshore fund rules

    Posted Sep 07th 2007, 12:00am by Staff Reporter

    ... the number of investors eligible to buy Hong Kong stocks under the individual investment scheme, the authorities may also triple the minimum amount an individual can invest offshore to 300,000 yuan ... domestic institutional investor (QDII) funds to 100,000 yuan from 300,000 yuan. Citing an unidentified official, the newspaper said the move was aimed at giving domestic investors wider access ...

  3. Vice-premier boosts HK role as yuan trade hub

    Posted Aug 18th 2011, 12:00am

    ... the currency by these new measures. 'Most importantly, the vice-premier has confirmed Hong Kong's role as an offshore yuan trading centre for China. This would help Hong Kong fend off rivals ... Kong and the mainland and strengthening the city's role in the internationalisation of the yuan. The business community and trade organisations generally welcomed Li's proposals, made ...

  4. Yuan trading important for HK, says SFC chief

    Posted Mar 07th 2011, 12:00am by Enoch Yiu

    ... market,' Fong told the South China Morning Post. HKEx plans to introduce yuan share trading this year to bolster the city's role as an offshore yuan trading centre. HKEx chief executive ... Ching. Hong Kong Exchanges and Clearing last week announced its plan to introduce a 'yuan trading support facility' in the second half of this year to ensure investors have enough ...

  5. China National plans 20b yuan offshore plant

    Posted May 12th 2009, 12:00am by Eric Ng

    ... Eric Ng China National Offshore Oil Corp, the parent of giant offshore oil and gas producer CNOOC, plans to invest about 20 billion yuan (HK$22.8 billion) on an offshore engineering ... National is already investing more than 1 billion yuan to expand another offshore engineering and equipment production base in Qingdao, Shandong province, that is slated for completion by year-end. ...

  6. Yuan aims to make COSL global leader

    Posted Nov 12th 2007, 12:00am by Eric Ng

    ... Eric Ng Chief sticks to core strategies to pursue goal Yuan Guangyu could not hide his pride and happiness as he talked about China Oilfield Services Ltd (COSL), even a month before the threefold surge in its share price on its trading debut on the Shanghai stock market. The well-built, tough-looking and straightforward 48-year-old industry veteran, who took over the helm ...

  7. Yuan equity next dish on the menu

    Posted Sep 19th 2011, 12:00am

    ... no guarantee they could use the yuan raised offshore to invest on the mainland; now they do. China has not yet offered important details about the scheme, such as a timetable for implementation, ... from the rising yuan,'' says retail investor McArthur Chan. 'Yuan shares seem too complicated. In addition, right now we cannot freely get yuan from the banks to trade ...

  8. ICBC's first QDII fund for overseas equities pulls in 4.45b yuan

    Posted Jul 03rd 2007, 12:00am by Andy Chen

    ... Maria Chan and Andy Cheng Industrial and Commercial Bank of China has raised 4.45 billion yuan from its first qualified domestic institutional investor (QDII) product that gives access ... to help reduce the mainland's growing foreign reserves and amid pressure to revalue the yuan. But only a small percentage of the quota had been used before the expanded scheme was introduced, ...

  9. Exporters slide on fears of potential trade war

    Posted Nov 20th 2003, 12:00am by Staff Reporter

    ... the newly-approved offshore yuan business would raise the sector's net profit by 1.1 per cent or $770 million next year and 1.6 per cent or $1.25 billion in 2005. BOC Hong Kong, Bank of East Asia ... Nichole Chan The Hang Seng Index suffers from profit taking as US quotas dampen sentiment Investors locked in profits yesterday on concerns a potential trade war between China ...

  10. Don't hold your breath waiting for HK's first yuan share offer

    Posted Jan 20th 2011, 12:00am by Tom Holland

    ... if the yuan appreciates, there is a big advantage to holding yuan bonds. Now think about how currencies affect shareholders. First, imagine a Hong Kong company listed in Hong Kong and trading ... the president of the Shenzhen branch of the People's Bank of China, reminded local financiers that the mainland government permits yuan to circulate in Hong Kong because it wants foreign trade ...




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