Chinese renminbi (RMB)
Hong Kong retail investors look to ELIs for their yield needs
Retail investors in Hong Kong are favouring equity-linked investments on the back of more stringent regulatory requirements for structured products. At the same time, the appetite for foreign exchange-linked products – most of which escape the new rules …
HSBC appoints new head of European credit trading
Asif Godall to replace Paul Gooding, who will lead HSBC’s offshore RMB venture in London
HKEx mulls launching RMB commodities exchange
Potential first RMB commodities exchange to be launched in Hong Kong
Lack of long-dated instruments hampering offshore RMB market
A strong demand for long-dated offshore RMB instruments is not being met by the market, according to one Hong Kong corporate
Markets braced for tough 2012 in FX
Market participants share their expectations for a challenging year ahead in the foreign exchange industry
Video: Schroders HK chief bullish on development of offshore RMB bond market
Lieven Debruyne, chief executive of Schroder Investment Management (Hong Kong), is eyeing up opportunities in the dim sum bond market
Index roundup
Index roundup
Asia Risk Congress 2011: Offshore renminbi bonds held back by illiquidity in longer tenors
Investors and issuers remain concerned about China's capital account liberalisation programme, and their ability to hedge longer-term risk
China gives boost to 'dim sum' bonds
A taste for dim sum
FX Week Asia: World economy 'needs alternative reserve currency'
Chinese renminbi looks poised for reserve status, but still no consensus on when it will happen due to forces beyond "anyone's control", senior academic tells FX Week Asia conference in Singapore
A flying start for offshore renminbi but equity structures in short supply
Offshore appreciation
CME delays dollar/renminbi futures due to settlement system issues
The US exchange operator hopes to create a transparent, liquid futures contract for renminbi, offering an alternative to the privately negotiated market. But the launch was delayed due to settlement system problems and some traders believe the exchange…
Special report: Foreign exchange
Asian currencies on the rise
Renminbi internationalisation poses potentially fatal risks
Restraining the risks
Offshore CNY deliverable forwards in Hong Kong to outgrow NDFs
Rising offshore renminbi interbank rates in Hong Kong have made its deliverable forwards market the cheapest forum compared with NDFs and onshore forwards for corporates to hedge, bankers say
Asia Risk institutional derivatives rankings 2011
Asian assets decouple
Time for a single reserve currency is over, warns Gulliver
HSBC chief executive expects renminbi to become a reserve currency within 15 years and shares the bank’s outlook for the Chinese currency
Shortage of underlyings is stunting development of renminbi products, say providers
Market participants say a lack of renminbi-denominated underlyings is slowing down the development of renminbi-denominated equity-linked products
Spot USD/CNH fixing in HK poised to become derivatives benchmark
Hong Kong interbank participants have created the first US dollar to offshore renminbi price fixing giving the city first-mover advantage in becoming an offshore centre for renminbi products such as derivatives, say market participants
Risks lie ahead for China's internationalisation of renminbi, warn IMF, PBoC and HKEx officials
IMF Hong Kong representative, a former PBoC MPC member and HKEx chief warn of risks for China as the internationalisation of the renminbi starts to gather pace.
Former PBoC policy member warns of renminbi depreciation risk
Fan Gang, a former member of the monetary policy committee of the People’s Bank of China, warns investors of the risk the Chinese currency may not continue to appreciate against the US dollar at a forum in Hong Kong today.
HKEx secondary market facility needs to withstand extreme offshore CNY liquidity crunch
HKEx says its proposed renminbi secondary market liquidity support mechanism for renminbi listed stocks is undergoing stress tests to ensure the facility is sizeable enough to support the healthy development of an offshore renminbi equities market in…
Deutsche and Barclays sweep into CNH derivatives
Banks both now offer offshore renminbi trading in spot, forwards and swaps on their FX platforms after new launches over the past fortnight
HKMA warns on US dollar funding risk from China corporate lending
Hong Kong branches of Chinese commercial banks are increasingly lending US dollars to state-backed enterprises. The surge in dollar demand from Chinese corporates comes as lending is squeezed onshore by Beijing's efforts to limit the credit growth of…