offshore yuan
Coverage of offshore yuan in the Nexus archive.
- Shanghai Clearing House targets global growth with expanded offshore yuan push
The Shanghai Clearing House is expanding offshore yuan clearing services to boost international sales of China's domestic bonds. The initiative aims to strengthen Shanghai's position in offshore yuan derivatives markets while protecting the domestic financial system from cross-border risks.
- Shanghai Clearing House targets global growth with expanded offshore yuan push
China is promoting a new model to increase international sales of domestic bonds through the Shanghai Clearing House (SHCH), which is expanding its offshore yuan services to strengthen Shanghai's role in offshore yuan derivatives clearing and mitigate cross-border financial risks.
- China Links Offshore, Onshore Yuan in Tweak Toward Broader Use
China has linked offshore and onshore yuan in a policy adjustment aimed at expanding the currency's usage. The move reflects efforts to enhance the yuan's role in international transactions.
- Hong Kong sets August debut for long-awaited offshore yuan bond futures
Hong Kong plans to launch trading of five-year government bond futures on August 3 at the Hong Kong stock exchange, aiming to bolster the city's role as an offshore yuan hub. The initiative is supported by the Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing (HKEX).
- Hong Kong debt market heats up as Tencent, Swire raise US$5.2b in multi-currency deals
Hong Kong’s debt market is surging, with Tencent Holdings and Swire Pacific raising over US$5.2 billion in multi-currency bonds, including US dollars, offshore yuan, and Hong Kong dollars. This highlights Hong Kong’s growing role as an international bond hub.