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  • October 26, 2014
  • Last updated: 12:36pm
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Results 1 - 4 of 4 for xiaoli tan

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  1. Business - Banking & Finance - CURRENCIES

    Big challenges ahead for yuan to go global

    Posted Jun 30th 2014, 01:40am by Enoch Yiu

    ... fully convertible. Tan Shiming, a global yuan product manager for Citi, said many multinational clients also used the yuan to settle trade. Such settlements account for about 15 per cent ... and penetrating in more and more companies worldwide," Tan said. HSBC Asia-Pacific chief executive Peter Wong Tung-shun expects yuan trade to continue to grow. "We estimate that one-third ...

  2. Business - Economy - CURRENCIES

    Pressure on Hong Kong to remain top yuan hub

    Posted Sep 23rd 2013, 12:00am by Enoch Yiu

    ... convertibility of the yuan, which is another blow to Hong Kong as investors can go directly through the two mainland cities. Tan Shiming, a global yuan product manager at Citi, said Beijing wanted to see ... the yuan's presence in the rest of the world," Tan said. "The yuan offshore market is currently organised around Hong Kong but we expect the yuan offshore hubs could develop in a more ...

  3. Business - Money - CURRENCIES

    Growing power of the yuan

    Posted Jun 10th 2013, 12:00am by TIFFANY AP

    ... in other currencies, according to BlackRock's director and Asian fixed income portfolio manager Tan Suanjin. "If you look at typical terms, the duration [of yuan bonds] is quite low. Most of the bonds issued are three to five years, so on average it's lower than other asset classes," Tan says. Meanwhile, other analysts say investing in yuan products should be seen as the kind ...

  4. Business - Banking & Finance - CURRENCIES

    Stronger yuan a boost for Hong Kong banks

    Posted Apr 29th 2013, 12:00am by Enoch Yiu

    ... as for financing domestic activities." John Tan Ming-kiu, the head of global markets at Standard Chartered Bank Hong Kong, said the recent rise of the yuan had given confidence to retail and corporate ... the development of yuan-based financial products," Tan said, adding that the offshore yuan business was in its infancy. ...



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