• Monday
  • September 22, 2014
  • Last updated: 12:38am
Hong Kong




Search Results

Results 1 - 10 of 55 for renminbi

Related topics matching your search

Search results

  1. Bonding of financial relations

    Posted Jul 01st 2007, 12:00am by Staff Reporter

    ... markets for renminbi bonds.' Mr Yam said that although the amount of yuan deposits in Hong Kong that could be used for purchasing yuan bonds was not large (about 25 billion yuan), the amount ... is that after increasing the capability of the banking system of Hong Kong to conduct banking business denominated in the renminbi, albeit of limited scope so far, the Hong Kong debt market will now ...

  2. Pioneer yuan bond sets stage for more issues

    Posted Jul 10th 2007, 12:00am by Andy Chen, Charlotte So

    ... Kong investor demand for renminbi-denominated investment instruments, including high-quality renminbi bonds'. 'The first issue of renminbi bonds forms a good basis for the further development of the renminbi bond market in Hong Kong,' he said. 'It has also opened up a new channel for financial intermediation between Hong Kong and the mainland,' he added. The HKMA ...

  3. Fake yuan warning as Christmas approaches

    Posted Dec 07th 2007, 12:00am by Clifford Lo

    ... the volume of renminbi banknotes flowing into the Hong Kong banking system has immensely increased, it is not surprising to find that the number of counterfeit renminbi has surged,' a police ...

  4. Regulators seek 'one-off' yuan appreciation

    Posted Dec 25th 2007, 12:00am by Staff Reporter

    ... Al Guo in Beijing Mainland monetary regulators have reportedly asked the State Council for a 'one-off' appreciation of the yuan, a move that could signal a tough new policy to reduce rising global trade tensions and fight excessive liquidity. Th ...

  5. Gripes unlikely to end even if yuan floats free

    Posted Oct 25th 2007, 12:00am by Tom Holland

    ... Tom Holland Everyone is unhappy with mainland China. At the weekend, the Group of Seven finance ministers called for an 'accelerated appreciation' of the yuan. Responding to vocal business and political lobbies that are convinced the yuan is mas ...

  6. What's On

    Posted Jun 23rd 2007, 12:00am by Staff Reporter

    ... vice-president and Asia regional president, BP Inquiries 2152 1889 June 29 'The renminbi's appreciation: Ramifications for Hong Kong, China and the United States' is a lunchtime seminar ...

  7. A-share bubble slows yuan's rise

    Posted May 04th 2007, 12:00am by Tom Holland

    ... Tom Holland At the start of the year, most analysts were robustly bullish on the yuan. So far, their expectations have been confounded. At the beginning of January, the majority of people who follow these things thought the Chinese authorities would ease ...

  8. Q&A: Road to the top requires leadership

    Posted Dec 15th 2007, 12:00am by John Cremer

    ... the future and the need to prepare. For example, consider the convertibility of the renminbi. It may not happen tomorrow, but we know it is coming, so we must keep talking and thinking about it. What ... hub. Therefore, we should be ready to develop new financial products and encourage more investment, particularly by companies based in Southeast Asia. Hong Kong also needs more renminbi ...

  9. High risks to big dividends

    Posted Nov 09th 2007, 12:00am by Martin Donovan

    ... by the bank as only HK$3 million. This directly effects the mortgage amount you can get. Each Hong Kong person can only exchange US$50,000 worth of renminbi a year. So getting renminbi for the deposit is not easy. Another problem is transferring renminbi back to Hong Kong dollars. What advice would you give to someone considering buying on the mainland? First, check if the property provides a Hong ...

  10. Wen promises more flexible yuan

    Posted Nov 29th 2007, 12:00am by Tom Miller

    ... its policy of gradual reform for yuan. 'China will continue to perfect the renminbi exchange rate regime in a gradual, proactive and manageable manner, give a fuller role to the market in determining the exchange rate and will bring flexibility to the renminbi with a view to enabling capital account convertibility,' Mr Wen said at the close of the EU-China Business Summit ...




SCMP.com Account