• Wednesday
  • September 17, 2014
  • Last updated: 6:58am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 1337 for offshore yuan trading

Related topics matching your search

Search results

  1. Business - China Business - INVESTMENT

    Beijing promotes joint HK-mainland offshore investment drive

    Posted Aug 23rd 2012, 12:00am by Toh Han Shih

    ... and upgrading of Hong Kong as an international finance, trade and shipping hub." The plan called for the mainland's offshore investment to grow at an average annual rate of 17 per cent ... Toh Han Shih hanshih.toh@scmp.com Mainland planning agency works on ways to encourage HK-mainland ventures overseas Beijing pushes joint offshore drive Beijing's top planning agency ...

  2. Development of yuan market not threat to local currency, Chan says

    Posted Feb 26th 2010, 12:00am by Enoch Yiu

    ... Ka-keung said yesterday. Chan said the offshore yuan market would be developed in the city along similar lines to the US dollar market in London. 'While London has a huge offshore US dollar ... and other yuan investment products in Hong Kong. The measures are part of the government's efforts to promote Hong Kong as a testing ground for offshore yuan services. Chan said mainland ...

  3. RBS plans focus on 'dim sum' market

    Posted Feb 23rd 2012, 12:00am

    ...-denominated- or 'dim sum'- bonds. The bank is also expected to play a key role in furthering Britain's aim to copy Hong Kong's success and make London an offshore yuan-trading centre for Europe. ... for offshore yuan trading to beef up global volume and better meet client demand. 'Europe is a big investor into the Asia region and China,' said Schmoelz, who joined RBS about half a year ...

  4. Yuan investments plan promises rewards, risks

    Posted Dec 30th 2009, 12:00am by Denise Tsang

    ... said Tao Dong, Credit Suisse's chief regional economist excluding Japan. 'It helps the city's financial development and boosts its position as an offshore yuan settlement ... to settle cross-border trade in yuan, a move that led to 490 million yuan (HK$555.6 million) in transactions by the end of last month. There are also 57 billion yuan in deposits in Hong Kong. ...

  5. PBOC releases rules on cross-border yuan trades

    Posted Jul 03rd 2009, 12:00am by Denise Tsang

    ... trades in yuan and offer them tax rebates in a move to promote a wider usage of the currency. However, only qualified companies in Shanghai and four cities in Guangdong province could settle trades in yuan with their counterparts in Hong Kong, Macau and the 10 countries under the Association of Southeast Asian Nations, it said. A number of central government ministries ...

  6. HK insurers want more access to mainland

    Posted Sep 05th 2011, 12:00am

    ... The yuan is not yet fully convertible but since mid-2009 Beijing has been moving to gradually internationalise it. It allows selected companies to settle cross-border trades in yuan, and last July ... Huddart said. 'Vice-Premier Li Keqiang has reaffirmed Hong Kong's position as the centre for offshore yuan investments. Although the details have not been announced yet, we anticipate ...

  7. Beijing planning initiatives to help Hong Kong

    Posted Jun 14th 2012, 12:00am

    ... foreign institutional investors scheme- which allows approved foreign investors to use offshore yuan to buy the A shares of mainland-listed companies- might be expanded. ... administration. They are tipped include boosts to commerce, trade and the financial and service industries. The fillips will come on top of 36 measures announced by Vice-Premier Li Keqiang on a visit ...

  8. Hawkish commander heads South Sea Fleet

    Posted Jul 10th 2012, 12:00am

    ... sovereignty claims in the region which is rich with oil and gas. Beijing recently announced the establishment of Sansha city to administer three island chains, while China National Offshore Oil ...

  9. Crumbling pillars

    Posted Jul 02nd 2007, 12:00am by Regina Ip

    ... shifting from re-exports to offshore trade, that is, trade that does not go through Hong Kong but is still handled by our trading companies. Re-exports and offshore trade generated over 38 per cent of Hong Kong's gross domestic product in 2005. But the gross margin (gross income divided by net sales, as a percentage) of offshore trading activities was less than 8 per cent, compared ...

  10. StanChart aims to boost clients with yuan offerings

    Posted Aug 04th 2012, 12:00am

    ... estimates the total amount of foreign trade settled in yuan will rise to 20 per cent in 2015, from 10 per cent now. ... Sophie Yu sophie.yu@scmp.com Standard Chartered Bank (Hong Kong) says it will actively promote its new yuan service to non-residents in the city, and hopes to see its mainland customer ...




SCMP.com Account