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 relaxes yuan restrictions

(China Daily) Updated: 2012-07-26 11:42

Hong Kong will let nonresidents purchase an unlimited amount of yuan, as it seeks to defend its position as the global hub for international finance in the currency.

While conversion at the offshore rate will start on Aug 1, buyers will need permission to send the currency into the mainland, Hong Kong Monetary Authority Deputy Chief Executive Eddie Yue told a news conference on Wednesday. The 20,000 yuan ($3,128) daily conversion quota on the city's permanent residents at the onshore rate will remain, and a maximum of 80,000 yuan can be sent into the mainland a day, he said.

Hong Kong's biggest banks have been calling for a relaxation of the restrictions on the city's yuan business as competition from London and Singapore intensifies. The halt in the yuan's appreciation against the US dollar this year has damped appetite among residents for assets denominated in the Chinese currency, with the city's yuan deposits dropping 35 billion yuan in the first five months to 554 billion yuan.

"This will raise Hong Kong's edge in the competition with other financial centers," said Ngan Kim-man, head of the renminbi business strategy and planning department of Hang Seng Bank Ltd.

Yuan conversion

The People's Bank of China has already ruled out the possibility of raising yuan conversion quotas for Hong Kong residents, according to Hu Xiaolian, the central bank's deputy governor on June 30. Allowing nonresidents to buy yuan is feasible "as long as it doesn't involve the onshore yuan", Hu said.

While Hong Kong was selected as the nation's major offshore yuan trading hub under the 12th Five-Year Plan (2011-15), its status is being challenged. UK Chancellor of the Exchequer George Osborne in January called on London to expand its yuan trading. The British capital had 109 billion yuan of customer and interbank deposits and that is "growing strongly", according to an April 18 report by research firm Bourse Consult.

Bloomberg

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 99国产精品免费观看视频 | 在线视频观看一区 | 久久久成人啪啪免费网站 | 欧美一级毛片特黄黄 | 在线日韩视频 | 在线91精品亚洲网站精品成人 | 日韩在线看片中文字幕不卡 | 亚洲国产夜色在线观看 | 国产在线精品福利91香蕉 | 香蕉久久一区二区不卡无毒影院 | 一区二区三区免费高清视频 | 亚洲小视频网站 | 亚洲欧美一区二区三区在线 | 黄色三级免费网站 | 亚洲a免费 | 色拍拍在精品视频69影院在线 | 国产一区二区在线观看视频 | 精品国产网| 美女张开腿让男人捅的视频 | 欧美三级一级片 | wwwxx在线| 中国一级毛片 | 亚洲视频精品在线观看 | 欧美亚洲一级片 | chinese宾馆自拍hd | 国产乱码一区二区三区四川人 | 国产特级全黄一级毛片不卡 | 毛片在线视频在线播放 | 成人免费观看网欧美片 | 在线视频一二三区 | 看真人一级毛片 | 亚洲国产精品一区二区三区 | 女人野外小树林一级毛片 | 亚洲成人中文 | 亚洲精品成人久久久影院 | 情侣自拍啪啪 | 国产亚洲一区二区精品 | 新26uuu在线亚洲欧美 | 国产欧美一区二区日本加勒比 | 国产精品欧美韩国日本久久 | 特级毛片免费观看视频 |