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Results 1 - 10 of 602 for offshore yuan trading

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  1. Beijing considers offshore yuan trading in HK

    Posted Feb 29th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu and Maria Chan The People's Bank of China says it will actively consider an offshore yuan trading centre in Hong Kong, raising speculation Beijing is accelerating plans ... at Bank of Communications' Hong Kong branch, said China was in no rush to reform yuan trading. 'There's always talk that the mainland wants to use Hong Kong as a yuan offshore ...

    http://www.scmp.com/article/628048/beijing-considers-offshore-yuan-trading-hk
  2. Business - Economy - CURRENCIES

    Hong Kong may widen renminbi business

    Posted Jun 13th 2013, 12:00am by Gary Cheung, Charlotte So

    ... Gary Cheung in New York and Charlotte So City could extend collaboration on offshore yuan dealing from London to New York and Singapore HK may widen renminbi business Hong Kong may extend its collaboration on offshore yuan business to financial centres other than London, the head of the monetary authority said yesterday. The city, the first and largest offshore yuan centre ...

    http://www.scmp.com/business/economy/article/1259431/hong-kong-may-widen-renminbi-business
  3. Business - Comment - WHITE COLLAR

    In the race for yuan trade, Hong Kong must raise its game

    Posted Apr 30th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com As more cities fight to host a yuan centre, HK needs to compete to stay in the lead In the race for yuan trade, HK must raise its game With so many cities competing to be offshore yuan trading centres, Hong Kong is having a tough job maintaining its leading role. Yes, it is true Hong Kong has an advantage as the first mover- it was the first city ...

    http://www.scmp.com/business/article/1226128/race-yuan-trade-hong-kong-must-raise-its-game
  4. News - China - ECONOMY

    Shanghai booster Fang Xinghai lands Beijing financial advisory role

    Posted Jun 18th 2013, 12:00am by George Chen

    ... circles, it may also make officials in Hong Kong uneasy. At the 2011 Asian Financial Forum in Hong Kong, Fang said the speed with which Hong Kong became a successful offshore yuan centre would depend on how soon Shanghai could turn itself into an onshore yuan trading centre. The statement, signalling a subordinate role for Hong Kong in the future, triggered concerns among Hong Kong ...

    http://www.scmp.com/news/china/article/1263221/shanghai-booster-fang-xinghai-lands-beijing-financial-advisory-role
  5. Bid to make HK offshore centre for yuan trade

    Posted Dec 29th 2009, 12:00am by Staff Reporter

    ... Fanny W.Y. Fung in Beijing and Maria Chan Hong Kong will move a step closer to becoming an offshore centre for yuan business under a proposal to be studied by Beijing to allow mainland ... said the mainland would also explore the viability of using yuan for trade and project financing in Hong Kong, and would continue to strengthen the development of the yuan debentures business ...

    http://www.scmp.com/article/702278/bid-make-hk-offshore-centre-yuan-trade
  6. Business - Banking & Finance

    Shanghai free-trade zone may be extended to cover Pudong

    Posted Sep 05th 2013, 12:00am by George Chen

    ... that Beijing would allow foreign banks to set up wholly owned units in the zone, mainland banks could offer offshore banking business and foreign commodities exchanges and trading companies could own ... Free-trade zone may take in all of Pudong The central government may eventually expand its proposed Hong Kong-like free-trade zone in Shanghai to cover the entire Pudong district, government sources ...

    http://www.scmp.com/business/banking-finance/article/1303462/shanghai-free-trade-zone-may-be-extended-cover-pudong
  7. News - China - ECONOMY

    Shanghai vice mayor Ai Baojun to head up free-trade zone later this month

    Posted Sep 03rd 2013, 12:00am by George Chen

    ... George Chen in Shanghai george.chen@scmp.com Former Baosteel boss Ai Baojun tapped to oversee development of Shanghai project Free-trade zone will launch later this month Shanghai is scheduled to officially launch its free-trade zone, the first on the mainland, this month with a city vice-mayor heading up the project. Government sources familiar with the plan told the South ...

    http://www.scmp.com/news/china/article/1302184/shanghai-vice-mayor-ai-baojun-head-free-trade-zone-later-month
  8. News - China - TRADE

    Exclusive: Li Keqiang fought strong opposition for Shanghai free-trade zone plan

    Posted Jul 15th 2013, 12:00am by George Chen

    ... offshore [trading], so to set up futures delivery warehouses within the zone will not have an impact on domestic futures trading, delivery and pricing system, and it should not have any negative ... certain capital requirements and have operations within the free-trade zone, to provide offshore banking services. In a feedback report to Li's office, the CBRC said it "disagreed ...

    http://www.scmp.com/news/china/article/1282793/li-fought-strong-opposition-shanghai-free-trade-zone-plan
  9. Business - Banking & Finance

    Legal loopholes prompt China to delay Shanghai free-trade zone rules

    Posted Aug 05th 2013, 12:00am by George Chen

    ... needed tightening Beijing delays trade zone rules over legal loopholes Beijing has delayed the announcement of new rules for its planned free-trade zone in Shanghai as government lawyers attempt ... trading and culture-based businesses. Senior officials in Beijing, after consulting government legal experts, realised some of the rules drafted for the free-trade zone were not in line ...

    http://www.scmp.com/business/banking-finance/article/1294289/legal-loopholes-prompt-china-delay-shanghai-free-trade-zone
  10. Business - Banking & Finance - MR. SHANGKONG

    Shanghai's free-trade zone puts Hong Kong's future in the spotlight

    Posted Jul 08th 2013, 02:02am by George Chen

    ... Shanghai's free-trade zone puts HK's future in the spotlight Will the new Shanghai free-trade zone be a game changer? This question popped up in my mind when I read the breaking news on Wednesday evening about Beijing’s landmark approval to set up a free-trade zone in Shanghai. To my surprise, when I looked for related reports the following day, the news about Shanghai’s latest ...

    http://www.scmp.com/business/banking-finance/article/1277645/shanghais-free-trade-zone-puts-hong-kongs-future-spotlight

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