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  • November 28, 2014
  • Last updated: 6:59pm
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Results 1 - 5 of 5 for qianhai

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  1. Business - Banking & Finance - CURRENCIES

    Shanghai's role shrinks as Hong Kong scraps yuan cap

    Posted Nov 14th 2014, 07:00am by Daniel Ren

    ... of the mainland's financial reforms, allowed companies based in the zone to borrow offshore yuan. But that liberalisation move was a year behind a groundbreaking policy in Qianhai, an experimental financial ...

  2. Business - Banking & Finance - CURRENCIES

    Hong Kong can compete in global yuan trade, FSDC member Qin Xiao says

    Posted Dec 04th 2013, 05:27am by Enoch Yiu

    ... the city's yuan business. This included a proposed third qualified domestic institutional investor scheme worth a combined HK$100 billion to allow banks, brokers and insurers in Qianhai- the special ...

  3. Business - Economy - CURRENCIES

    Pressure on Hong Kong to remain top yuan hub

    Posted Sep 23rd 2013, 12:00am by Enoch Yiu

    ... will introduce a clearing system to allow overseas banks to directly clear yuan business with the PBOC. Beijing has also earmarked Qianhai, in Shenzhen, and Shanghai as testing grounds for freer ...

  4. Business - Banking & Finance - CURRENCIES

    Yuan deposits set to leap to one trillion by end of 2013

    Posted Feb 01st 2013, 12:00am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com Amount expected to exceed 1 trillion yuan by year-end,thanks to rebound in trade settlement flows and higher interest rates, says Hang Seng Qianhai ... in Qianhai can borrow yuan from banks in the city, Hang Seng Bank says. The pool of yuan deposits in Hong Kong rose 5.6 per cent last month from November to 603 billion yuan. It has surged from less ...

  5. Business - Banking & Finance - CURRENCIES

    Stronger yuan a boost for Hong Kong banks

    Posted Apr 29th 2013, 12:00am by Enoch Yiu

    ... to companies incorporated in the Qianhai Development Zone." The yuan is not fully convertible, but Beijing has relaxed rules since 2009 to encourage international businesses and investors ...



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