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  1. Renminbi bond interest shows threefold increase

    Posted Oct 02nd 2011, 12:00am

    ... Bo Leung Interest in renminbi bonds has soared as investors see an appreciation of the currency in the future. According to private bank UBS, the renminbi denominated asset represents about 2 per cent of their clients total assets, and the bank also expects this figure to reach 5 to 10 per cent. 'I believe one of the attractions of renminbi products is the expectation ...

  2. Desire for stability at heart of renminbi's foundation

    Posted Oct 20th 2011, 12:00am

    ... Ed Zhang ed.zhang@scmp.com The history of how the renminbi came to be China's official currency is a telling example of why the leaders in Beijing, even today, strive so hard ... was known in Putonghua as 'renminbi'. From the first day it was issued, the goal of the currency, as defined by the bank, was to ensure stability. But that stability didn't come ...

  3. Yuan currency, two systems. Time to ditch 'foreign renminbi'

    Posted Mar 26th 2011, 12:00am by Shirley Yam

    ... with Shirley Yam Does China consider the renminbi traded in Hong Kong and overseas a domestic currency or a foreign one? I ask this question- academic, if not incomprehensible, to some- ... of power, naming a thing is always important because it will determine who has a say on it and who cares about it. Ever since the launch of the internationalisation campaign in 2009, renminbi ...

  4. Conflicts could hold back yuan

    Posted Jan 06th 2011, 12:00am by Lulu Chen

    ... slow,' Wang said. 'The renminbi can really solve many problems. It can knock down inflation and automatically boost the economy by making exports a bit less competitive but people richer ...

  5. How to nurture a blooming currency

    Posted Oct 20th 2011, 12:00am

    ... Ed Zhang in Beijing ed.zhang@scmp.com More often than ever before, people are talking about the renminbi. As developed nations face fiscal problems, especially in Europe, where the euro ... high-income countries'. But exactly how much financial influence the mainland will have is a mystery- especially as to how the renminbi will be used by consumers and investors around the world. ...

  6. Flexibility is an essential skill in an evolving market

    Posted Aug 05th 2011, 12:00am

    ... helped her explore opportunities that come with renminbi (RMB) internationalisation. She talks to Wong Yat-hei What is your academic background? I am taking up bachelor of science in economics ... on Hong Kong, China and the rest of the region, paying attention to money, capital and foreign exchange markets. What does your job entail? My work involves interpreting renminbi statistics ...

  7. Yuan IPOs will grow, experts say

    Posted Jun 21st 2011, 12:00am

    ... or 30 quality companies on the Hong Kong stock market and a larger pool of yuan liquid assets. 'Renminbi listing is at the infancy stage- although investors are interested in renminbi products because of the anticipated appreciation of the currency. We need a pool of high-quality stocks to make the renminbi stock market more vibrant,' he says, adding that there may ...

  8. Burning issue

    Posted Oct 13th 2011, 12:00am

    ... for by regular trade alone. I suspect much of it can be explained by people abandoning the Hong Kong dollar and opting for renminbi assets via underground channels in southern Guangdong. So, I say, ... printing presses? When can we finally be rid of the Hong Kong dollar and use the renminbi instead? Adopting the renminbi as the official currency in Hong Kong has many other benefits, aside from ...

  9. The Li Ka-shing label brings baggage to HK's first yuan IPO

    Posted Apr 09th 2011, 12:00am

    ... with Shirley Yam History will remember this Monday. The first renminbi-denominated stock in Hong Kong- the Hua Xian reit- is to be launched on the day. It has everything that catches ... To avoid any bias, none of them works in the financial or media sectors. The result is not exactly encouraging. It is hardly a surprise that 80 per cent have renminbi in their bank accounts. ...

  10. Yuan see-saws to record high against dollar

    Posted Jun 18th 2011, 12:00am

    ... Lulu Chen Lulu.chen@scmp.com The yuan reached yet another record high against the US dollar yesterday before weakening slightly amid the intense market volatility of the past two days. On Thursday, the US dollar strengthened on the back of the Greek debt ...




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