• Fri
  • Aug 22, 2014
  • Updated: 12:56pm

Offshore Yuan Trading

London challenges Hong Kong with BOC's yuan bond

Bank of China's London branch yesterday made a landmark bond issue, underscoring the city's potential as a hub of yuan fundraising for European debt issuers and posing a threat to Hong Kong.

Friday, 10 January, 2014, 4:58am

Qianhai bypassed as firms head for Shanghai Free-trade Zone

Qianhai first, Hong Kong next? While Hong Kong officials have been concerned about the impact of Shanghai's free-trade zone, it seems it is already stealing business from Qianhai.

1 Oct 2013 - 10:58am

Li warning heats up Hong Kong-Shanghai debate

Hong Kong dealmaker par excellence Li Ka-shing, fondly known to locals as Superman, says Shanghai's free-trade zone could be Kryptonite to the city in which he built his fortune.

19 Sep 2013 - 8:07am 2 comments

HSBC and Standard Chartered among first Shanghai free-trade zone banks

HSBC and Standard Chartered are expected to be among the first batch of foreign banks to offer a wide range of banking services in the mainland's first free-trade zone, in Shanghai, with Beijing wanting to open its financial sector wider to foreign investment.

10 Sep 2013 - 7:53am

Shanghai free-trade zone may be extended to cover Pudong

The central government may eventually expand its proposed Hong Kong-like free-trade zone in Shanghai to cover the entire Pudong district, government sources say.

5 Sep 2013 - 11:18am 3 comments

Shanghai vice mayor Ai Baojun to head up free-trade zone later this month

Government sources familiar with the plan told the South China Morning Post that it will launch on September 27, when senior central government officials will fly to the city to attend a ceremony planned to mark the occasion. 

6 Sep 2013 - 7:58am

Hope highlights the divide between Hong Kong and Shanghai

People always like to compare Hong Kong and Shanghai, partly due to the interplay between the two cities since the 1940s, when many wealthy Shanghai families relocated to Hong Kong.

2 Sep 2013 - 7:36am 2 comments

Haitong diversifies as fee war rages on

Hong Kong's highly competitive stockbroking business has forced one of the mainland's largest brokerages to transform itself into a universal bank in an effort to rely less on fee-based income and to add new and stable profit streams.

26 Aug 2013 - 6:51am

Legal loopholes prompt China to delay Shanghai free-trade zone rules

The central government had planned to unveil the rules late last month, but policymakers put the lawyers back to work out of concern the legal framework needed tightening, to reduce the risk of legal disputes involving foreign investors, government sources familiar with the matter said.

5 Sep 2013 - 7:25am

Exclusive: Li Keqiang fought strong opposition for Shanghai free-trade zone plan

Premier Li Keqiang fought open opposition from financial regulators in his bid to push through a landmark plan for a free-trade zone in Shanghai. It is the clearest sign yet that the nation's new leadership is determined to deliver long-delayed economic reforms.

6 Sep 2013 - 8:01am 7 comments