HONG KONG Chinese companies are expected to raise more funds in the global dollar bond market this year after robust issuance in 2017 even as inflation fears trigger speculation that major central banks might raise interest rates more aggressively.
HONG KONG, Jan 29 No matter how low the U.S.
dollar might go, one Asian currency that has not strengthened
against it recently is expected to stay weak - the Hong Kong
HONG KONG The sale of a 900-million-yuan ($140 million) offshore bond has added to signs that the international use of the Chinese currency is recovering after several years in the doldrums.
HONG KONG Chinese appetite for Hong Kong equities, ample cash supply and optimism over share reforms could propel the city's benchmark stock index up as much as 15 percent this year, after an already bullish run in 2017, fund managers and analysts say.
HONG KONG, Dec 1 Hong Kong money market rates
are expected to spiral higher after hitting fresh nine-year
highs this week, thanks to tighter liquidity near year-end and
expectations of interest rate hikes by the U.S. Federal Reserve
HONG KONG, Jan 5 China's offshore yuan
retreated in Hong Kong after making its biggest gain in a year
in overnight trade, but it was still hovering around a one-month
high as surging funding costs forced yuan short sellers to
square positions and stop losses.
HONG KONG China stepped into both its onshore and offshore yuan markets to shore up the faltering yuan for a second day on Wednesday, sparking speculation that it wants a firm grip on the currency ahead of U.S. President-elect Donald Trump's inauguration.
HONG KONG China's yuan weakened to an eight-year low on Wednesday as expectations of higher U.S. interest rates buoyed the dollar, putting Beijing's commitment to market-oriented reforms in the spotlight as fierce critic Donald Trump prepares to take office.
HONG KONG, Sept 8 China's best-known ratings
agency, Dagong Global Credit Rating, is feeling the pressure of
cut-throat competition at home from local rivals, while the
operating environment in Europe remains unfavourable, Chairman
Guan Jianzhong told Reuters.
HONG KONG Hong Kong on Tuesday said it has launched a regulatory regime known as a "sandbox" for financial technology innovation in the banking sector, amid fears the city is losing ground to China, Australia and Singapore in the fintech race.