国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economy

Markets

Industries

Insights

Reports

Events

RMB deposits in HK rise slightly to 53.4b yuan

(Xinhua)
Updated: 2009-07-01 11:27

The renminbi deposits with authorized institutions in Hong Kong rose 0.8 percent in May to 53. 4 billion yuan ($7.8 billion), representing about 2 percent of the foreign currency deposits, the Hong Kong Monetary Authority said Tuesday.

The total deposits rose 2 percent in the same month, with the HK dollar deposits rising 2.7 percent as the expansion in demand and savings deposits exceeded the contraction in time deposits.

Related readings:  Hong Kong companies to issue RMB bonds Bank of China launches RMB bonds in Hong Kong   RMB bonds good for mainland, Hong Kong  RMB value turns Hong Kong into holiday hotspot

Foreign currency deposits climbed 1.4 percent.

Seasonally-adjusted HK dollar M1, the narrowest measure of money supply in an economy, rose 9.6 percent in May and 26.8 percent from a year earlier. Unadjusted HK dollar M3, the broader measure, grew 2.5 percent in May and 8.1 percent year-on-year.

Hong Kong, a southern Chinese special administrative region and free trade hub, has been trying to foster the development of RMB financial market recently with a pilot scheme using yuan for cross-border trade settlement and the issuing of yuan-denominated bonds in Hong Kong by local and foreign banks operating in the mainland.