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

chinadaily.com.cn
left corner left corner
China Daily Website

Non-residents grab yuan products in HK

Updated: 2012-08-03 16:41
By Reuters (HK Edition) ( China Daily)

Non-resident retail investors lapped up offshore yuan deposits and other products in Hong Kong on Wednesday, the first day of the launch of the service in the city, bankers said.

Hong Kong banks kick off their non-resident yuan business this month after a ruling that allows non-residents to open yuan accounts in the city and convert other currencies into yuan without any limit.

Analysts say this new channel will help strengthen Hong Kong's edge as an offshore yuan center by bringing in more money from foreigners seeking higher-yielding investments in an environment in which most major central banks are easing monetary policy.

Hong Kong was previously at a disadvantage, losing out on yuan flows from foreign retail investors to financial centers in Singapore and London as Hong Kong banks could only offer yuan services and products to local residents, with a daily conversion quota of 20,000 yuan ($3,138). No such restriction exists in any of the other centers.

The Hong Kong Monetary Authority's latest measures were not a surprise to market participants, who had been expecting further steps from the authorities to shore up Hong Kong as an offshore yuan trading center.

Yuan traders expect offshore yuan investments would appeal to a wide range of foreign investors, particularly high net worth ones in Southeast Asia, as well as small and medium businesses flocking to the convenience and flexibility of trading via the CNH market.

"There is demand for renminbi assets from non-residents who would like to rebalance their portfolios, especially those holding quite a lot of non-dollar assets," said Ngan Kim Man, head of renminbi business strategy and planning department at Hang Seng Bank.

Given the central government's efforts to promote the yuan outside its shores are likely to lean now towards individuals, after having focused on businesses for the past few years, the influx of non-resident investors will prepare Hong Kong for any opportunities from future loosening of yuan policy, he added.

Hong Kong offers a variety of yuan investment opportunities, including offshore yuan bonds known as 'dim sum' bonds, insurance products, structured deposits, exchange traded funds and other renminbi products. However, most of them are only available to those who have renminbi accounts with banks.

Non-residents can open yuan accounts from August, and some banks are offering attractive deposit rates to lure new clients. Hang Seng Bank pays an annualized interest rate of 6.38 percent for one-week yuan deposits in August.

 
 
...
...
...
主站蜘蛛池模板: 免费在线观看www | 国产一级做a爰片在线看免费 | 黄色免费网站视频 | 久久久久久穴 | 日本www高清 | 日日夜夜狠狠操 | 精品成人在线观看 | 精品久久二区 | 国产又黄又猛又粗又爽 | 久久久成人免费视频 | 韩国黄色网址 | 第一页在线观看 | 国产精品美女在线 | 欧美激情三区 | 无限资源欧美 | 亚洲五月综合 | 久久视频在线 | 国产精品久久久久蜜臀 | 极品麻豆| 中文字幕视频二区 | 免费在线中文字幕 | 波多野结衣久久精品 | 91狠狠综合久久久 | 国产精品伦 | 日韩网站视频 | 五月婷婷激情五月 | 亚洲激情免费视频 | 亚洲色图欧美日韩 | 国产特级黄色片 | 色婷婷中文字幕 | 加勒比婷婷色综合久久 | 亚洲精品一区在线观看 | www日韩 | 91插插插影库永久免费 | 黑人精品一区二区 | 国产97免费视频 | 国产香蕉av | 久久精品99国产国产精 | 欧美xxxx网站 | 久草色视频 | 欧美肥老妇视频九色 |