AsianInvestor and FinanceAsia hosted our third forum in Hong Kong on the internationalisation of the renminbi. Here we present a gallery of photos from the event.
The decoupling of offshore RMB (CNH) from its onshore counterpart (CNY) as Beijing keeps its capital account closed is creating conditions for CNH to become a currency in its own right.
From trade settlement to financing and investment, the RMB is shifting. HSBC's David Liao, Co-Chief Executive of Asia and Middle East, and Volkan Benihasim, Global Head of Macro, FX, Rates and Commodities, explore what's driving adoption and the opportunities emerging for global businesses.
Panellists at an AsianInvestor/FinanceAsia conference see rising focus on credit quality and expect more issuers to seek credit ratings before launching offshore RMB bonds.
More on the AsianInvestor/FinanceAsia RMB Rising conference that got investors, bankers and CEOs debating. For a glimpse of the discussions, watch this second video from the event.
With diversification a key driver, demand is driving the momentum in RMB usage across investment, hedging and settlement activities. The next phase reflects a shift from building access to improving usability, driven by stronger market infrastructure and expanding digital use cases.
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