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

Business / Markets

Chinese assets warm, not hot for Western investors

(Agencies) Updated: 2014-07-07 09:55

Chinese assets warm, not hot for Western investors

A clerk counts Chinese 100 yuan banknotes at a branch of China Construction Bank in Hai'an, Jiangsu province June 10, 2014. [Photo/Agencies]

A flurry of initiatives by China to open up its currency, stock and bond markets inside and outside the country has failed so far to allay international investor concerns about performance, accessibility and liquidity.

China has been working increasingly rapidly to liberalize its capital markets, with the eventual aim of making its currency fully convertible, giving it a larger role in the global economy.

As its markets open up, they can offer a similar appeal to investors to those enjoyed by many frontier markets - an appreciating currency over the longer term and potentially high returns for those willing to take an early punt.

Chinese assets warm, not hot for Western investors
Beijing, Seoul agree to directly trade currencies
Chinese assets warm, not hot for Western investors
Bank of China gets yuan mandate in Frankfurt
Launched just four years ago, the overseas yuan bond market - or dim sum market - has already reached $120 billion, for example.

But the market has centered heavily around Hong Kong, even though countries such as Britain have made a concerted push to grab a share of this potentially lucrative market.

"The development of a significant secondary market for renminbi (RMB) bonds has yet to happen," a recent survey commissioned by the City of London said.

"There have been major issuances in London ... but the secondary market, after a flurry of activity in 2011 and 2012, has practically ceased," the report added, recommending more discussion between Britain and China on how to boost the market.

Recent developments include the appointment of China Construction Bank as a yuan clearing bank in London, designed to aid liquidity in this market, the introduction of yuan/sterling trading and plans for yuan/won trade in Asia.

China has also expanded its quota system to enable international investors to buy China's onshore yuan, stock and bond markets. Outstanding quotas approached $100 billion last month.

And a Hong Kong-Shanghai stock investment program, due to be introduced later this year, will allow stock trading between the two cities, opening up access to Chinese mainland for international investors with a Hong Kong presence.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
洛南县| 青岛市| 枣庄市| 自治县| 攀枝花市| 墨江| 泽普县| 台江县| 通江县| 漯河市| 屏南县| 平乡县| 乌鲁木齐县| 海盐县| 城市| 雷波县| 宁明县| 绩溪县| 舒兰市| 井陉县| 昆明市| 宜昌市| 德惠市| 城固县| 许昌县| 视频| 长寿区| 巴彦县| 澄江县| 庐江县| 华池县| 英山县| 青河县| 江西省| 革吉县| 锡林郭勒盟| 芒康县| 闵行区| 玉林市| 且末县| 辽源市|