Anita Fung, chief executive of HSBC Hong Kong, says the offshore yuan business is far from a zero-sum game. Photo: Nora Tam Anita Fung, chief executive of HSBC Hong Kong, says the offshore yuan business is far from a zero-sum game. Photo: Nora Tam
Anita Fung, chief executive of HSBC Hong Kong, says the offshore yuan business is far from a zero-sum game. Photo: Nora Tam

Yuan deposits set to outpace Hong Kong dollar, HSBC says

HSBC says expansion of the mainland currency globally is spurring its greater use in the city, with total deposits expected at 30pc by 2015

Anita Fung, chief executive of HSBC Hong Kong, says the offshore yuan business is far from a zero-sum game. Photo: Nora Tam Anita Fung, chief executive of HSBC Hong Kong, says the offshore yuan business is far from a zero-sum game. Photo: Nora Tam
Anita Fung, chief executive of HSBC Hong Kong, says the offshore yuan business is far from a zero-sum game. Photo: Nora Tam
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