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

News >Bizchina

China to allow sales of yuan products in HK soon: rpt

2010-07-13 14:13

HONG KONG - China will allow the sale of yuan-denominate financial products in Hong Kong and lift a cap on the purchase of yuan by corporations in the city to meet growing demand for the Chinese currency, newspapers said on Tuesday.

The Hong Kong Monetary Authority (HKMA) and People's Bank of China will sign an amendment on a yuan clearing agreement on July 19 allowing individuals and companies to transfer yuan in their accounts between banks, facilitating investments in yuan products, Ming Pao Daily reported.

China has used yuan trade settlement as a starting point to gradually internationalise the currency. Its central bank recently said it was extending the yuan trade settlement scheme to 20 provinces, autonomous regions and municipalities in China and all overseas nations and regions.

Under the amended agreement with Hong Kong, fund managers can sell yuan funds, brokers can trade yuan shares and yuan bonds and insurance companies can provide yuan-denominated products in the city, the newspapers said.

"We are striving to complete an amendment of the agreement within this month," a HKMA spokeswoman said. But she declined to comment on the newspaper reports.

The major breakthrough in the latest agreement will be a lifting of the cap for companies buying yuan in Hong Kong, which will greatly increase the circulation of yuan outside Chinese mainland, Ming Pao said.

But individuals are still subject to the restriction of exchanging no more than 20,000 yuan ($2,949.77) per day, it added.

As a pilot location for the yuan's globalisation, Hong Kong has been allowed to settle cross-border transactions in the yuan since last year. But the business only took off after the HKMA in February announced a range of measures allowing banks to conduct more business in the yuan for corporate clients in Hong Kong and permitted local companies to issue yuan bonds.

Yuan settlements in Hong Kong reached 7.16 billion yuan in May, up from 2.98 billion yuan in April and 2.53 billion yuan in March.

Related News:

主站蜘蛛池模板: 国产日韩一区 | 天天综合天天色 | 色姑娘综合网 | 一级片免费在线观看 | 黄色一级大片免费版 | 亚洲伊人网站 | 四虎最新免费网址 | 男人的天堂影院 | 少妇又色又爽又黄的视频 | 99久久精品国产一区二区三区 | 亚洲成人免费视频 | 久久小草 | 久久综合久久久 | 中国毛片在线观看 | wwwav| 久久久久久久久国产精品 | 欧美黄色片在线观看 | 亚洲69视频| 久久99精品视频 | 二区中文字幕 | 成人午夜视频在线播放 | 欧美91| 校园春色亚洲 | 亚洲视频免费播放 | 欧美精品日韩在线观看 | 狼人一区二区 | 日韩精品一区二区三区在线观看 | 99精品一区二区三区 | 国产精品视频一区在线观看 | 国产一区二区三区精品视频 | 涩涩资源网 | 性做爰裸体按摩视频 | 久久精久久| 国产日韩欧美综合 | 超碰免费人人 | 久久免费手机视频 | 欧美另类一区二区 | 日韩精品免费视频 | 国产精品视频久久 | 特级大胆西西4444人体 | 毛片18 |