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Results 1 - 10 of 232 for offshore yuan trading

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  1. Business - Banking & Finance - CURRENCIES

    Chicago's CME takes on HKEx in futures for offshore yuan

    Posted Sep 14th 2012, 12:00am by Bloomberg

    ... biggest futures exchange, will introduce deliverable futures for offshore yuan in the fourth quarter as growing use of the currency in world trade fuels demand for hedging tools. The move will put ... ; what's better than doing it on a globalised structure." HKEx set the standard contract size for offshore yuan futures at US$100,000 each with tenures of up to one year and will offer trading ...

  2. Dim-sum bond returns cannot match the hype

    Posted Apr 06th 2011, 12:00am

    ... in the 'exceedingly low yields' of offshore yuan bonds. Many yuan bond investors keep their holdings because the currency is widely expected to appreciate. Although secondary trading is scarce, ... Amanda Lee Investors' interest in offshore yuan bonds is holding up well so far this year but the average performance of the so-called 'dim sum' bonds has been ...

  3. Two cities and other tales of how financial centres flourish or fail

    Posted Jul 27th 2010, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp Shanghai vice-mayor Tu Guangshao announced this week that it would focus on being an onshore yuan trading centre, leaving Hong Kong to remain the dominant hub for offshore trading of the currency. SCMP, July 24 They just can't stand it up there in Shanghai that Hong Kong is still the place to be for glitz and glamour in finance and Shanghai is still ...

  4. New rules 'will hurt global economy'

    Posted Mar 12th 2012, 12:00am

    ... minister, George Osborne, announced a tie-up between Hong Kong and London to develop the two markets as offshore yuan centres. Davies said he believed more companies would raise yuan-denominated bonds in London. 'The US dollar is the major currency in most international trades. But in the next decade, companies will not only use the US dollar but many will use yuan to settle trades ...

  5. Let's get physical

    Posted Apr 30th 2012, 12:00am

    ... does it all mean? A shares Yuan-denominated shares that trade in the mainland, on either the Shanghai or Shenzhen exchanges. Offshore investors are not allowed to directly own A shares unless ... in Hong Kong. Hongkongers have a long-standing relationship with A shares, or yuan-denominated stocks reserved for mainland investors that trade on the Shanghai and Shenzhen exchanges. ...

  6. Take a ride on the redback

    Posted Mar 05th 2012, 12:00am

    ... market made it attractive to launch the fund this year. The offshore yuan bond market has improved in terms of investor interest and more high quality issuers,' says Cecilia Chan, chief investment officer of fixed income, Asia-Pacific, for HSBC. Offshore by this terminology means offshore to the mainland, such as yuan bonds sold in Hong Kong- otherwise known as dim sum bonds. ...

  7. Letting foreign investors in is a gradual process

    Posted Apr 05th 2012, 12:00am

    ... The RQFII was announced in December to allow overseas institutional investors to invest offshore yuan funds in mainland stocks and bonds. It has granted 20 billion yuan (HK$24.5 billion) to 21 Hong ... loosening investment restrictions. It also said selected RQFIIs would be allowed to launch yuan-denominated A-share equity-traded funds. 18.3b yuan The amount approved in investment quotas under ...

  8. Looser China can get yuan rolling

    Posted Feb 27th 2012, 12:00am

    ... trillion in assets under management, is keen to expand in Asia. McCombe said the yuan had become a trade settlement currency after Beijing decided to relax the rules in 2009 for firms using ... controls since 2009, allowing companies to settle trade in the yuan. It has also allowed firms to issue yuan-denominated bonds, insurance policies and funds in Hong Kong. These moves are part ...

  9. China gives US$300m QFII quota to Morgan Stanley

    Posted Jul 04th 2003, 12:00am by Staff Reporter

    ... China's State Administration of Foreign Exchange yesterday awarded United States investment bank Morgan Stanley a US$300 million investment quota to trade yuan A shares and selected Chinese bonds, the foreign exchange regulator announced. The news came after last-minute technical hiccups delayed the first trade under the qualified foreign institutional investors (QFII) ...

  10. Doubts over market incentives

    Posted Apr 09th 2012, 12:00am

    ... offshore yuan funds for A-share investment. Analysts and investors welcomed the twin moves as a return to basics by the market regulator, effectively tripling the amount that foreign institutions ... and the mainland traded at a 5.8 per cent premium to their H-share counterparts. Xie forecast that foreign institutional investors would prefer to buy H shares rather than the volatile A shares. In its ...




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