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  • November 26, 2014
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Results 1 - 10 of 12 for renminbi

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  1. Renminbi takes a major step towards acceptance

    Posted Feb 24th 2012, 12:00am

    ... Keith Chan The launch of Renminbi Qualified Foreign Institutional Investors (RQFII) funds in Hong Kong last month is seen as a major step towards transforming renminbi into an internationally accepted currency. It is expected to accelerate the pace of developing Hong Kong into the world's premier offshore renminbi centre. RQFII is one of a package of central government ...

  2. 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 ...

  3. StanChart warns on new yuan investments

    Posted Feb 08th 2012, 12:00am

    ... of new products offers opportunities but also carries risks. New yuan or renminbi investment offerings in Hong Kong include so-called dim sum bonds and yuan insurance products. Last month renminbi qualified foreign institutional investor (RQFII) schemes were launched, allowing Hong Kong investors to buy mainland bonds and equities. While returns on the new investment tools are often ...

  4. Bank on convertibility

    Posted May 15th 2012, 12:00am

    ... 'From what we have seen, I expect the renminbi to become fully convertible in five to 10 years from 20 years, as previously expected.' ING says the mainland has come a long way since ...

  5. Quota for yuan scheme too small, says manager

    Posted Jan 05th 2012, 12:00am

    ... May Chan may.chan@scmp.com The 20 billion yuan (HK$24.7 billion) earmarked for the initial renminbi qualified foreign institutional investor (RQFII) scheme is too little to satisfy investor demand, according to China Universal Asset Management, one of the first to be granted a quota. Beijing has so far approved a quota of 10.7 billion yuan for 10 mainland investment firms ...

  6. SFC studying applications for three more yuan ETFs

    Posted Jul 16th 2012, 12:00am

    ... The US-dollar-denominated QFII scheme, introduced in 2002, allows selected international firms to invest on the mainland, with the total quota set at US$80 billion for their funds. The RQFII (renminbi ...

  7. Mainland defies global sell-off

    Posted Apr 06th 2012, 12:00am

    ... on the top of the existing 20 billion yuan, for offshore investors to invest offshore yuan in mainland stock and bond markets through the renminbi qualified foreign institutional investor scheme. ...

  8. Mainland stocks set to see injection of capital

    Posted Apr 05th 2012, 12:00am

    ... Foreign Institutional Investor (QFII) scheme by US$50 billion, to bring the total up to US$80 billion, although details, including the timing, have yet to be released. The Renminbi Qualified ...

  9. Feast of sovereign bonds a real gift

    Posted Jun 30th 2012, 12:00am

    ... Enoch Yiu Bankers say the government's record 23 billion yuan (HK$28.2 billion) dim sum bond offer will boost the city as an offshore yuan trading centre and cement the renminbi as a true international currency. The fourth China sovereign bond tender announced in the city on Thursday not only marks the largest offer in terms of size, it's also the first time ...

  10. A-share market opens up

    Posted May 07th 2012, 12:00am

    ... billion to US$80 billion. At the same time, the equivalent renminbi QFII scheme, denominated in yuan, will see the release of a second batch of quotas. These amount to 50 billion yuan (HK$61.4 ...




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