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  • October 21, 2014
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  1. 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 ...

  2. Small step for MPF

    Posted Feb 07th 2012, 12:00am

    ... offshore centre. As pointed out by Tsang in his budget speech last week, there has been encouraging development of Hong Kong's position as an offshore renminbi business centre in the past year. The first batch of renminbi Qualified Foreign Institutional Investors (RQFII) funds has been launched and there are more in the pipeline. 'We believe that as the mainland continues ...

  3. Yuan announcement more small shuffle than big step

    Posted Jun 30th 2009, 12:00am by Tom Holland

    ... with Tom Holland Donald Tsang Yam-kuen called it 'a big step'. John Tsang Chun-wah said it will 'strengthen the role of Hong Kong'. Joseph Yam Chi-kwong said it will 'enhance the capability of Hong Kong's financial system ...

  4. Ma extols virtues of HK's yuan business

    Posted Jun 27th 2006, 12:00am by Staff Reporter

    ... banks in Hong Kong were providing yuan deposit-taking, exchange and remittance services. 'The total renminbi deposits in Hong Kong have reached RMB22.7 billion [HK$22 billion] which is close to C$3.2 billion.' Mr Ma said the launch of a yuan cheque-clearing mechanism earlier this year was also beneficial. 'Hong Kong residents can open renminbi current accounts ...

  5. Lenders promote yuan hedging tools

    Posted Aug 19th 2005, 12:00am by Staff Reporter

    ... on future yuan movement. 'With the changes to the renminbi exchange rate regime introduced, we can expect to see the development of a renminbi forward market for risk management,' said ...

  6. Initiatives grow

    Posted Apr 25th 2012, 12:00am

    ... in China-listed equities will become easier through the complementary renminbi qualified foreign institutional investor (RQFII) programme. This should also offer an effective route for 'recycling' renminbi held offshore, bolstering financial co-operation and joint economic interests. 'Cepa VIII supports mainland banks [wanting to] use Hong Kong's international financial ...

  7. HSBC top yuan forex house in London, it says

    Posted May 24th 2012, 12:00am

    ... agencies this week to discuss ways of advancing the internationalisation of the yuan. The meetings are part of a larger ambition by China to promote the yuan, also known as the renminbi (RMB), ...

  8. Go-ahead given for yuan bond issues in Hong Kong

    Posted Jan 11th 2007, 12:00am by Enoch Yiu

    ... Kong. 'The new category of renminbi business is conducive to business opportunities for banks, and enhancing financial flows between Hong Kong and the mainland,' he said. The move also ... integration between Hong Kong and the mainland and enhance the channels for returning renminbi circulating in Hong Kong back to the mainland'. The spokesman said issuing yuan bonds in Hong Kong ...

  9. HK's rivals zoom in on mainland

    Posted Jun 15th 2012, 12:00am

    ... according to Lamba. Yet to continue to compete, Hong Kong must continue to increase and diversity stock market products, explains Chan, pointing to renminbi products in particular. The first renminbi-denominated reit listed in Hong Kong in April last year. Chan would like to see more. One area Hong Kong's stock exchange has been looking to is the fixed income, currency and commodities market, ...

  10. Christmas 2011, not the rosiest date to put in your diary

    Posted Dec 27th 2011, 12:00am

    ... the renminbi-denominated Qualified Foreign Institutional Investors (QFII) scheme. All are mainland fund houses and brokerages- not one from Hong Kong. Not a very good Christmas for the financial sector. Remember ...




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