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Results 1 - 10 of 847 for offshore yuan trading

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  1. Business - Banking & Finance - CURRENCIES

    London challenges Hong Kong with BOC's yuan bond

    Posted Jan 09th 2014, 01:49pm by Jeanny Yu

    ... to Dealogic. That compares with 77.1 per cent issued in North Asia. Offshore yuan debt issuance could rise by up to 60 per cent to 520 billion to 570 billion yuan this year, HSBC has estimated. ... as an emerging yuan hub. It now accounts for around a fourth of the offshore spot foreign-exchange transactions. Spot yuan foreign exchange volumes almost doubled in the first half of last year compared ...

    http://www.scmp.com/business/banking-finance/article/1401430/london-challenges-hong-kong-bocs-yuan-bond
  2. HK on target for yuan offshore trade

    Posted Jan 15th 2011, 12:00am by Lulu Chen

    ... Lulu Chen The yuan will become one of the top three currencies used in global trade within five years, accelerating Hong Kong's development as an offshore yuan centre, HSBC economists ... development as an offshore yuan market. Under the new policy, mainland enterprises could conduct investments through Hong Kong's offshore yuan centre, and, at the same time, make use ...

    http://www.scmp.com/article/735716/hk-target-yuan-offshore-trade
  3. Dai backs Shanghai as yuan offshore trade hub

    Posted Apr 05th 2010, 12:00am by Staff Reporter

    ... cities into centres for the trading of the yuan offshore. His forthright comments are considered rare among senior mainland officials who have been at pains to play down the Shanghai-Hong Kong ... Daniel Ren in Shanghai China's national pension fund boss, Dai Xianglong, has backed Shanghai to beat Hong Kong in the race to become the principal market for offshore trading ...

    http://www.scmp.com/article/710623/dai-backs-shanghai-yuan-offshore-trade-hub
  4. 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
  5. Business - Banking & Finance - CURRENCIES

    BOC Hong Kong fends off new competition in yuan trading

    Posted Feb 17th 2014, 04:47am by KANIIS LI, Jeanny Yu

    ... competition in yuan trading The Hong Kong unit of the state-owned Bank of China is stepping up marketing of its improved clearing services to western financial institutions in Hong Kong after losing ... the South China Morning Post. The BOCHK's swift move to increase more market participants in the offshore yuan business is a reaction to intensifying competition. It is seen as a pragmatic sign ...

    http://www.scmp.com/business/banking-finance/article/1429240/boc-hong-kong-fends-new-competition-yuan-trading
  6. Confusion over start to offshore yuan scheme

    Posted Aug 03rd 2011, 12:00am

    ... of China (PBOC) had stopped approving offshore yuan borrowing by domestic companies in compliance with Beijing's monetary tightening measures. But PBOC and the Hong Kong Monetary Authority ... director of a monetary policy department at the PBOC, who told a finance forum in Shanghai in May that the central bank would review applications for offshore yuan borrowing 'case ...

    http://www.scmp.com/article/975212/confusion-over-start-offshore-yuan-scheme
  7. Business - Money - SETTLEMENT

    Bank of China to expand yuan business in UK

    Posted Nov 26th 2012, 12:00am by Enoch Yiu

    ... as the West's major centre for trade of offshore yuan. "Yuan business is definitely a hot topic here in London, since the British government and the City of London are both keen to develop London ... Enoch Yiu in London enoch.yiu@scmp.com As interest builds in London's plan to be an offshore yuan hub, bank official says a more active market will also benefit HK Bank of China ...

    http://www.scmp.com/business/money/markets-investing/article/1090768/bank-china-expand-yuan-business-uk
  8. Business - Economy - CURRENCIES

    China and UK in talks over London yuan clearing bank

    Posted Feb 20th 2014, 11:16am by Jeanny Yu

    ... The British and Chinese governments are in "active discussions" to appoint a clearing bank in London, a move seen as further eating into Hong Kong's market share of the offshore yuan business and cementing the Western city's leading position in the global offshore yuan hub race. London would be the fourth location outside the mainland, after Hong Kong, Taiwan ...

    http://www.scmp.com/business/economy/article/1431603/china-and-uk-talks-over-london-yuan-clearing-bank
  9. Boost for HK as yuan trading hub

    Posted Jun 15th 2012, 12:00am

    ... Enoch Yiu, Lulu Chen and Jane Cai in Beijing To further boost the city's role as an offshore yuan trading centre, Beijing is set to announce new initiatives to coincide with the visit ... for Hong Kong is critical. 'The central government will continue to push ahead with the plan to build Hong Kong into an established offshore centre for yuan trading,' Song said. ...

    http://www.scmp.com/article/1004012/boost-hk-yuan-trading-hub
  10. 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

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