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  1. Magazines - Money - INVESTMENT: CURRENCY

    Yuan products- a shopper's guide

    Posted Sep 17th 2012, 12:00am by KEVIN MCQUEEN

    ... Kevin McQueen There has been an expansion in the number of ways retail investors can gain exposure to China's currency, writes Kevin McQueen Yuan products- a shopper's guide The term 'internationalisation of the yuan' has been much heard of late and brings delight to Hong Kong ears, promising as it does the prospect of a steady flow of opportunity to benefit ...

  2. Comment - Insight & Opinion

    Offshore yuan market gets into its stride

    Posted Aug 20th 2012, 12:00am by Donna Kwok

    ... Donna Kwok Donna Kwok says the strategy of making China's currency truly international is on schedule Growing liquidity of offshore yuan signals a broader and deeper market ... also be included. If funds invested in higher-yielding renminbi certificates of deposits are taken into account (almost 140billion yuan- about HK$170billion- at the end of June) along ...

  3. Yuan payments on rise while HK dollar slips

    Posted Jul 25th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com China's efforts to internationalise the yuan are bearing fruit, with a surge in yuan payments over the past 21 months, while the Hong Kong dollar's ranking has fallen, according to Swift, which operates a global international network for financial institutions. A report said yuan payments among banks and securities firms worldwide had grown ...

  4. Yuan internationalisation runs into some problems

    Posted Jul 10th 2012, 12:00am

    ... Tom Holland For the last couple of years the grand panjandrums of Hong Kong's banking sector have banged on relentlessly about how the internationalisation of the yuan is our ... to promote the yuan as a favoured currency for international trade and investment. Yu points out that while some companies have adopted the yuan as the currency in which they settle international ...

  5. Think long and hard before buying into new yuan fund

    Posted Jul 11th 2012, 12:00am

    ... Tom Holland Marketing kicked off this week for the first yuan-denominated equity fund to be listed on the Hong Kong stock exchange. As the first product to be launched under the renminbi qualified foreign institutional investor, or RQFII, scheme, which allows Hong Kong holders of the yuan to invest in the mainland's equity markets, the new fund is sure to generate a lot ...

  6. More policy changes seen after yuan move

    Posted Apr 17th 2012, 12:00am

    ... George Chen george.chen@scmp.com Beijing's move to widen the yuan's trading band may be followed by more policy changes as the country grapples with trying to maintain stable ... rate regime following the expansion of the yuan's trading band, which came into effect yesterday. The yuan is now allowed to trade within a 1 per cent band on either side of a mid-point ...

  7. Yuan band move makes a virtue out of market necessity

    Posted Apr 16th 2012, 12:00am

    ... the yuan will be allowed to fluctuate by as much as 1 per cent either side of a central reference rate against the US dollar, double the width of the previous trading range. By itself, the move is not especially significant. It has long been expected. And although a wider trading range allows for a little extra movement in the yuan's exchange rate, it doesn't necessarily follow that we ...

  8. Fairly-valued yuan claim won't convince Wen's critics

    Posted Mar 16th 2012, 12:00am

    ... Tom Holland In a move guaranteed to make patriotic American politicians froth at the mouth, Wen Jiabao declared at his press conference the other day that the yuan was now fairly valued in the foreign exchange market. Considering the view in Washington is that the yuan is about 30 per cent below its true value against the US dollar, it is worth taking a closer look to see if Wen's ...

  9. Strong US dollar may be what starts yuan's global rise

    Posted Apr 09th 2012, 12:00am

    ... Tom Holland It's become almost an article of faith that structural weakness of the US dollar will accelerate the internationalisation of the yuan; as one declines, the other will ascend. It sounds plausible at first. But dig a little deeper, and it emerges that far from it being the US currency's weakness that will propel wider international use of the yuan, it could ...

  10. Yuan set for bigger global role

    Posted Mar 21st 2012, 12:00am

    ... May Chan may.chan@scmp.com The yuan will make up 5 per cent of the global currency reserve by 2020, predicts Xia Bin, a former adviser to the People's Bank of China's monetary ... China wouldn't need to internationalise the yuan,' said Professor Xia, who is also the honorary chief director of the financial research institute of the State Council's ...




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