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  • November 25, 2014
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Results 1 - 10 of 13 for renminbi

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  1. Record trade deficit sign of end to yuan's rise

    Posted Mar 19th 2012, 12:00am

    ... 'It's going to be more volatile. The days of an easy, slow rise of the renminbi are over.' Anita Fung, HSBC's Hong Kong chief executive, also said the yuan would rise at a moderate ...

  2. 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 ...

  3. 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 ...

  4. Americans get taste for dim sum bonds thanks to spate of US-listed ETFs

    Posted Nov 07th 2011, 12:00am

    ... Yuan Dim Sum Bond Portfolio ETF. Three weeks later, Van Eck launched its Market Vectors Renminbi Bond ETF. All three ETFs include bonds denominated in yuan, whether they are issued by mainland ... 'Certainly, the renminbi will be one of those currency blocs, and China has taken significant steps to internationalise the renminbi over the past two years. As this trend continues, investors should ...

  5. Currency remains a long-term prospect

    Posted May 09th 2011, 12:00am

    ... John Cremer There can be no doubt that mainland authorities have big plans for the yuan and, in line with their own timetable, will move towards full convertibility. Late last month, Beijing confirmed plans for setting up yuan settlement and clearing cent ...

  6. The high costs of our link to the greenback

    Posted Nov 22nd 2010, 12:00am by Frank Ching

    ... the US dollar peg and peg the Hong Kong dollar to the renminbi. But, as has been pointed out, this cannot be done until the Chinese currency is totally convertible. Yet, this doesn't mean there is nothing Hong Kong can do. Instead, it could change the peg from the US dollar to a basket of currencies, which will include the dollar, the renminbi, the euro, sterling as well as other ...

  7. Decline in HK-traded yuan indicates road of appreciation no longer one way

    Posted Oct 03rd 2011, 12:00am

    ... on the yuan's appreciation and largely ignored the underlying credits. In a couple of days, almost a year's profits in yuan-denominated bonds were wiped out. The HSBC Offshore Renminbi Bond Index ... to 1.2 per cent due to the weakening value of the renminbi and declining debt prices. 'We believe the current situation resulted from a combination of panic and speculation,' says Woon ...

  8. New products

    Posted Jul 04th 2004, 12:00am by Staff Reporter

    ... HSBC is extending its preferential offers on renminbi services with a number of rebates and special incentives. Since Friday the bank is offering a rebate of between 20 and 35 basis points on Hong Kong dollar to yuan transfers. The rebate will be credited to the customer's yuan account. The rebates are offered on a sliding scale, with transfers under HK$100,000 earning 20 basis ...

  9. Settlement scheme a milestone for yuan

    Posted Dec 26th 2008, 12:00am by Staff Reporter

    ... Christmas Eve 2008 looks set to become an important marker for the renminbi's eventual rise as an international currency. Ahead of a two-day closure for major financial markets ... provinces. While the immediate impact of the move will be limited, as the yuan remains non-convertible, it is a significant step that underlines the renminbi's growing importance as a currency ...

  10. For a few dollars more: the cowboy money changers

    Posted Aug 07th 2011, 12:00am

    ... transactions, and 11 failed to provide a formal receipt- even when requested to do so. Herng Fong, which is located in a row of money changers near Wan Chai MTR station, displays its Renminbi purchasing ...




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