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  • November 27, 2014
  • Last updated: 8:34am
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  1. News - Hong Kong

    Hong Kong banks ready to capitalise on expected flood of yuan into city

    Posted Nov 12th 2014, 07:01pm by denise tsang and amy nip

    ... management, said the new measure will create more opportunities for the Hong Kong banking sector to expand the range of renminbi services and launch innovative products. Credit Suisse said the scheme ... “Renminbi price fluctuates, and there are other higher yield options,” Ng said.   ...

  2. News - Hong Kong - ON SECOND THOUGHT

    Wait may help the Shanghai share link run more smoothly

    Posted Nov 14th 2014, 04:58am by LAM WOON-KWONG

    ... market. The benefits due from the scheme are much more than the financial investments it will bring. This is one of several steps in institutionalising the renminbi as a major international currency. If the scheme runs well, the renminbi will be one step closer to entering foreign markets. That both sides have taken only a few months to work out the logistics of the highly complex ...

  3. News - Hong Kong - OCCUPY CENTRAL

    SHKP hotel business down 10pc due to Occupy Central, Thomas Kwok claims

    Posted Nov 15th 2014, 03:51pm by SIJIA JIANG

    ... to start tomorrow, was "a very good start". "The through train is an important first step in the central authority's full opening up of the [yuan] capital account and renminbi ...

  4. News - China Digest

    The Post's daily China news round-up- November 13, 2014

    Posted Nov 13th 2014, 08:28am

    ... |Source: Xinhua Economy Hong Kong removes caps on renminbi conversion |Source: Financial Times JD racks up 14 million orders on Singles Day |Source: Tech in Asia Xiaomi to invest in video site ...

  5. Business - Banking & Finance - BONDS

    Britain to issue first yuan offshore bond this year

    Posted Sep 14th 2014, 06:34am by Reuters

    ... Reuters in London London looking to boost quest to become the centre of offshore trade in renminbi UK to issue first yuan bond later this year Britain will become the first Western ... in renminbi." Osborne also said the Lloyd's of London insurance market had been granted a licence to open a branch in Beijing, days after Britain granted the Industrial and Commercial Bank of China ...

  6. News - China Digest

    The Post's daily China news round-up- November 3, 2014

    Posted Nov 03rd 2014, 08:41am

    ... McNuggets, Rolex sales show business as usual |Source: Bloomberg Economy The renminbi’s place in the FX world |Source: Financial Times Can Chinese firms build globally competitive brands? |Source: ...

  7. News - China Digest

    The Post's daily China news round-up- October 16, 2014

    Posted Oct 16th 2014, 12:23pm

    ... No good choices |Source: Wall Street Journal Abuse of dmonestic helpers often stays hidden from public view in Hong Kong. Demand for UK debut renminbi bond tops 5.7b yuan |Source: Global Capital Demand was 1 billion yuan higher than expected for the first ever such bond from a non-Chinese sovereign. China sends thousands of doses of anti-Ebola drug to Africa |Source: Financial ...

  8. News - China - YANGTZE BRIEFING

    'Mini-Hong Kong' is starting to look like a cheap imitation

    Posted Oct 11th 2014, 03:41am by Daniel Ren

    ... and enforcement of trading regulations. Beijing said it would make the renminbi fully convertible in the zone to facilitate cross-border commodity and capital flows- but it has yet to implement ...

  9. News - China Digest

    The Post's daily China news round-up- September 26, 2014

    Posted Sep 26th 2014, 10:00am

    ... In fighting tigers, Xi inspires the masses |Source: New York Times- Sinosphere 'Xi Jinping recently saved my family 20,000 renminbi. That’s $3,255 — useful money.' Beijing needs to talk ...

  10. News - Hong Kong - POLITICS

    Beijing unmoved by massive rally turnout, say advisers

    Posted Jul 03rd 2014, 03:26am by Gary Cheung, Adrian Wan and Kwong Man-ki

    ... would damage economic development and social stability. "Hong Kong is an important offshore renminbi centre, but the development of the business relies on the stability of its financial environment," he said. The People's Bank of China said Hong Kong was the largest offshore renminbi market and should value this status. "The [renminbi] business is a good piece of pie. If you ...




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