www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

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: 黄色三级免费网站 | 午夜怡红院| 欧美精品国产制服第一页 | 成人五级毛片免费播放 | 国产精品色内内在线播放 | 亚洲一级毛片欧美一级说乱 | 久久视频免费在线观看 | 另类专区亚洲 | 国产东北色老头老太性视频 | 亚洲综合综合在线 | 综合图片亚洲网友自拍10p | 日韩在线视频免费不卡一区 | 精品视频一区在线观看 | 美女黄色毛片免费看 | 精品极品三级久久久久 | 国产美女做爰免费视频网址 | 手机在线免费看毛片 | 久久er热视频在这里精品 | 亚洲精品一区二区三区美女 | 国产精品成人亚洲 | a级毛片免费高清视频 | 久久视频这里只精品3国产 久久视频这里只有精品 | 最新毛片久热97免费精品视频 | 久久e | 国产一级生活片 | 欧美人禽杂交狂配毛片 | 97se狠狠狠狠狠亚洲综合网 | 亚洲欧美日韩综合在线一区二区三区 | 久久久免费视频观看 | 三级亚洲| 国产欧美日韩综合精品一区二区三区 | 国产成人精品一区二区免费视频 | 久久这里一区二区精品 | 成年人视频在线观看免费 | 久久久网站亚洲第一 | 在线欧美日韩精品一区二区 | 久草久草久草 | 国产精品自拍第一页 | 国产成人久久精品二区三区牛 | 日韩高清一区二区 | 精品一区二区三区亚洲 |