renminbi

New Business

Yuan’s long-term hedge costs equalise for first time since 2011

An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for…

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New Business

Yuan rapidly gaining ground as Chinese firms plot global expansion

Chinese companies expanding overseas are increasingly using the yuan for financing and payments to build their international operations, boosting the…

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New Business

At China’s Canton Fair, exporters sense a warming trend in yuan settlements

At the ongoing autumn edition of the Canton Fair in Guangzhou – China’s oldest and largest trade exhibition – Chinese…

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New Business

How Hong Kong is building an ecosystem to solidify its role as offshore yuan hub

When Hong Kong businessman Sunny Yip Yuk-chik heard about a new scheme that would make it easier and cheaper to…

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New Business

Exclusive | Hong Kong’s financial future hinges on adapting to China’s hi-tech pivot, Huatai CEO says

This is the sixth and final part of the exclusive Capital Connectors series in which influential Chinese and global bankers…

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New Business

Hong Kong launches road map to deepen yuan’s role, expand financial market

Hong Kong unveiled a blueprint on Thursday for its fixed income and currency markets, including measures to expand offshore yuan…

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New Business

Hong Kong’s booming wealth sector to lead hiring and office expansion, HKMA says

The strong growth of Hong Kong’s private banking and wealth management sectors will drive increased hiring and leasing of office…

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New Business

Hong Kong regains favour as investors turn to mainland China and yuan: Deutsche Bank

Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid…

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New Business

Opinion | For central bankers, gold’s safe-haven status has never looked better

Wall Street pundits and investors are schizophrenic about US assets. The dollar weakened after Moody’s cut the United States’ credit…

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New Business

China’s offshore yuan jumps to 6-month high as rollback of ‘egregious’ tariffs seen likely

The offshore yuan strengthened and broke past the 7.2 level against the US dollar for the first time since November,…

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