日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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: 中文在线日韩 | 日日夜夜精品视频免费 | 国产精品免费一区二区 | 免费观看国产精品 | 亚洲精品偷拍 | 色一区二区三区 | 好吊色视频在线观看 | 四虎国产视频 | 日韩和的一区二区 | 51av在线| 男女拍拍拍网站 | 天天天操 | 国产精品美女www爽爽爽 | 亚洲精品中文字幕在线 | 欧美h在线观看 | 欧美人成在线 | 日韩成人综合 | 日本三级视频网站 | 欧美日韩亚洲视频 | 成人午夜在线免费观看 | 日本猛少妇色xxxxx猛叫 | 国产一区不卡视频 | 久久久亚洲 | 精品久久中文 | 精品久久国产字幕高潮 | 久久免费大片 | 草草影院国产第一页 | 国产福利小视频在线观看 | www.色图| 精品日本一区二区三区在线观看 | 欧美爱爱网 | 国产中文字幕在线 | 日韩欧美中文字幕在线视频 | 日韩中文字幕 | 91黄色免费版 | xxxx性视频 | 国产精品中文字幕在线观看 | 国产免费av网站 | 黄色三级在线视频 | 日韩在线观看一区二区 | 日韩成人高清视频 |