• Monday
  • July 14, 2014
  • Last updated: 6:24am
Hong Kong

Humidity 

UV 

Pollution 

Search Results

Results 1 - 10 of 2598 for offshore yuan trading

Related topics matching your search

Search results

  1. Shanghai drops offshore yuan trading hub dreams

    Posted Jul 22nd 2010, 12:00am by Enoch Yiu

    ... Daniel Ren in Shanghai and Enoch Yiu Shanghai has backed off from plans to establish itself as an offshore centre for yuan trading, leaving the field clear for Hong Kong to remain ... offshore centre in both Shanghai and Hong Kong. That statement triggered concerns about intensified rivalry between the two cities. An offshore yuan trading centre allows non-Chinese companies, ...

    http://www.scmp.com/article/720323/shanghai-drops-offshore-yuan-trading-hub-dreams
  2. Singapore seeks role as yuan trading centre

    Posted Apr 18th 2011, 12:00am

    ... agreement, according to a person familiar with the situation. Singapore is the latest of the cities that are lining up to compete with Hong Kong to become acknowledged offshore yuan trading centres ... Hong Kong operates a yuan settlement platform outside China. As such, lenders in Australia, the United States, or London, must eventually turn to Hong Kong to settle the offshore yuan trades ...

    http://www.scmp.com/article/965443/singapore-seeks-role-yuan-trading-centre
  3. Singapore threat to HK role as yuan trading hub

    Posted Feb 21st 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong's role as a leading offshore yuan trading centre is facing a challenge, with some companies preferring to settle yuan trades in Singapore- ... Hong Kong remained the major offshore yuan trade settlement platform, with 1.91 trillion yuan (HK$2.34 trillion) worth of yuan trades settled by banks in the city last year, out of a total ...

    http://www.scmp.com/article/993229/singapore-threat-hk-role-yuan-trading-hub
  4. 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 ...

    http://www.scmp.com/article/980799/decline-hk-traded-yuan-indicates-road-appreciation-no-longer-one-way
  5. 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 ...

    http://www.scmp.com/article/976454/vice-premier-boosts-hk-role-yuan-trade-hub
  6. Yuan exchange market proves the critics wrong

    Posted Jul 20th 2011, 12:00am

    ... and the prevailing offshore NDF yuan market, create the entire gamut of yuan trading. In the past, it was hard for investors to invest in yuandenominated assets. The NDF market offered long yuan exposure ... Lulu Chen lulu.chen@scmp.com Barely a year after its creation, Hong Kong's yuan exchange market has exploded, brushing aside fears that an offshore market in the currency would ...

    http://www.scmp.com/article/973953/yuan-exchange-market-proves-critics-wrong
  7. China National Offshore absorbs distribution unit

    Posted Jun 07th 2007, 12:00am by Eric Ng

    ... at the end of last year. It focuses on the trading, storage and transportation of chemical products. A China National Offshore spokesman said China National Chemical booked a net profit of just over ... Eric Ng China National Offshore Oil Corp, parent of dominant offshore oil and gas producer CNOOC, has absorbed distribution outfit China National Chemical Supply & Sales as part ...

    http://www.scmp.com/article/595773/china-national-offshore-absorbs-distribution-unit
  8. HKEx unveils blueprint for yuan share trading

    Posted Mar 03rd 2011, 12:00am by Enoch Yiu

    ... to manage yuan share issues last year in the hope of seeing Hong Kong become a key offshore yuan trading centre. Beijing currently restricts investors from exchanging more than 20,000 yuan a day. ... Enoch Yiu Hong Kong Exchanges and Clearing plans to introduce a 'yuan trading support facility' in an effort to ensure investors have enough currency to fuel expected demand ...

    http://www.scmp.com/article/739750/hkex-unveils-blueprint-yuan-share-trading
  9. Beijing gives yuan boost to HK

    Posted Nov 23rd 2011, 12:00am

    ... the city's role as a major offshore yuan trading centre. The new agreement between the People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) will supersede the accord signed ... September. Standard Chartered bank economists attribute the volatility partially to the exhaustion of the trade conversion quota for offshore yuan. The latest move would produce a 'useful ...

    http://www.scmp.com/article/985658/beijing-gives-yuan-boost-hk
  10. Hong Kong aims to be The One for the yuan

    Posted Sep 24th 2011, 12:00am

    ... to our clients to help them trade in yuan,' Fung says. Apart from the focus on offshore yuan business, the conference's afternoon breakout streams will tackle issues facing the banking ... Wilson Lau Hong Kong's rapid development into an offshore Chinese yuan centre is expected to drive further growth of the local banking sector. 'In view of this major development, ...

    http://www.scmp.com/article/979926/hong-kong-aims-be-one-yuan

Pages

Login

SCMP.com Account

or