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HONG KONG, Oct 18 (Reuters) - As Hong Kong prepares to launch yuan-denominated stocks in its markets, investors and analysts view it mainly as a test run for China's ambitions to internationalise ...
The People's Bank of China (PBOC) said it would tender central bank bills totalling 60 billion yuan (US$8.2 billion) in Hong Kong on Friday, marking the second time this year it has used the ...
By Georgina Lee. HONG KONG, June 5 (Reuters) - At least 21 companies listed on the Hong Kong Exchanges & Clearing (HKEX) will start offering yuan-denominated trading this month, the exchange said ...
Beijing's stimulus roll-out may also trigger more mainland consumption at the expense of Hong Kong's retail, dining scene China's depreciating yuan against the US dollar is music to the ears of ...
More companies in Hong Kong could also be encouraged to use yuan-based trade financing to "achieve cost efficiency and facilitate international trade in a dynamic macro environment" as regulators ...
HONG KONG (Reuters) -Hong Kong property developer New World Development this month secured two onshore loans totalling 1.4 billion yuan ($193 million) as it seeks to further lower funding costs, a ...
Qin Hong, then 35, had taken the helm of Stellar Megamedia Group, a moneylosing company whose listed Hong Kong arm was on the verge of liquidation, selling off assets to stay afloat.
Sitting in his sparsely-decorated corner office in a glass-and-steel high rise in the Beijing’s central business district, Stellar Group chairman Qin Hong proclaims, “There will be another ...
In June, SMI, which Qin’s older brother, Qin Hui, controls, holding a 73.7% stake, said it would spend $3.64 million to form SMI-Photon, an 80-20 Chinese-Australian joint venture with a ...
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