在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

US EUROPE AFRICA ASIA 中文
Business / Markets

HK bourse to sell RMB products

By Emma Dai in Hong Kong (China Daily) Updated: 2014-05-23 07:02

HK bourse to sell RMB products

A foreign exchange counter in Hong Kong. The stock exchange there will introduce yuan-denominated debt and currency products that the onshore market doesn't have, Chief Executive of HK Exchanges and Clearing Ltd Charles Li said on Thursday. Provided for China Daily

Exchange will develop wider range of hedging tools for debt, currency markets

The stock exchange in Hong Kong will introduce yuan-denominated debt and currency products that the onshore market doesn't have, Chief Executive of HK Exchanges and Clearing Ltd Charles Li said on Thursday.

Li said these products, to be introduced in the coming years, will offer hedging tools to offshore investors.

Li said the Hong Kong Shanghai Stock Connect, a cross-border stock trading program known as the "through train", could be extended to fixed-income and currency products.

HK bourse to sell RMB products
Li talks of linking Shanghai, Hong Kong exchanges 
HK bourse to sell RMB products
HKEx to promote clearing services
"Mutual market access between Hong Kong and the mainland gives us great scope for imagination. HKEx needs to develop more new products to prepare for that," he told a forum on the yuan in Hong Kong.

According to Li, in the next three to five years, the Hong Kong bourse will establish links with commodity exchanges in Shanghai as well as Dalian, Liaoning and Zhengzhou, Henan. Then mutual market access will be extended to fixed-income and currency products.

"Many international investors have a strong demand to trade in mainland fixed-income products, but they have no access now," Li said. "They would be interested in trading on the onshore bond markets through Hong Kong if the Hong Kong-Shanghai tie could expand into fixed-income products and currencies."

"With the Hong Kong Shanghai Stock Connect, the HKEx can play a bigger role to link foreign issuers and onshore capital," said Robert Yu, head of debt capital markets at China International Capital Corp Ltd. "After rapid development in the past five years, China's onshore bond market has become the third-largest in the world, and it offers a great variety of products to investors."

Yu noted that although the Chinese government has encouraged foreign entities since 2005 to issue yuan-denominated bonds in the mainland (panda bonds), there hasn't been much action in that market. The problems are technical - different governing laws, accounting standards and pricing issues, he said.

German luxury carmaker Daimler AG was the most recent issuer of panda bonds. It sold 500 million yuan ($80.2 million) in one-year bonds on March 14 at a yield of 5.2 percent.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 99精品视频免费在线观看 | 欧美一区二区三区成人精品 | 一级片视频免费 | 99精品欧美一区二区三区综合在线 | 91精品中文字幕一区二区三区 | a在线免费观看 | 性色av网| 91麻豆精品久久久久蜜臀 | 蜜桃视频网站在线观看 | 国产精品久久久久久久午夜片 | www.久久久.com| 亚洲精品视频一区二区三区 | 91在线精品视频 | 一级一级一级一级毛片 | 黄色影院 | 亚洲日韩中文字幕一区 | 综合网视频 | 国产成人午夜高潮毛片 | 国产成人精品久久二区二区91 | 中文字幕亚洲精品 | 欧洲亚洲一区 | 亚洲一区中文字幕永久在线 | 国产一区二区三区视频在线观看 | 国产综合久久 | 91精品国产综合久久久蜜臀粉嫩 | 欧美不卡视频一区发布 | 日本成人黄色 | 精品久久久影院 | 欧美日韩中文字幕在线播放 | 黄页网址免费在线观看 | 亚洲综合成人网 | 欧美日韩精品一区二区在线观看 | 亚洲视频三区 | 日韩欧美中文字幕在线视频 | 欧美精品久久久久久精华液 | 欧美一区二区三区在线播放 | h免费在线 | 日本一区二区高清不卡 | 国产v日产∨综合v精品视频 | 国产精品免费久久 | 午夜视频福利 |