offshore renminbi

Dynasty Reit is seeking up to $777 million through the offering, which will also have a Singapore dollar tranche.

HKEx is preparing to launch renminbi futures next month as part of China’s effort to introduce its currency to the world.

US parcel company UPS becomes the first foreign non-financial company to issue offshore renminbi-denominated commercial paper.

HSBC issues a Rmb2 billion renminbi bond and allocates 60% to European investors, a sign that renminbi deposits in London have hit critical mass.

Many less well-known Chinese borrowers got away with giving inadequate information amid the huge demand, but more investor protection is needed for the offshore yuan market to develop further.

Dim sum deals by Baosteel and Mitsui & Co reflect growing investor appetite for five-year bonds.

In a newly created role, Paul Gooding will lead HSBC's efforts in helping to develop London as an offshore renminbi centre.

Unlisted Garden Fresh breaks new ground with a Rmb100 million CB denominated in offshore renminbi. The CB is expected to be followed by a Hong Kong IPO in the next three years.

Deutsche Bank launches an index to track offshore renminbi-denominated bonds or dim sum bonds.