The issuance of a sovereign panda bond, in addition to a dim sum bond from the Development Bank of Kazakhstan, will give the country Renminbi benchmarks.
Corporate issuances are increasing in the offshore Renminbi bond market, despite challenges around rates, liquidity and diversification; Hong Kong is poised to benefit.
Will the Middle East provide an opportunity for China to push forward the internationalisation goal for its currency? Experts say it’s happening, but all too slowly.
The SAR’s financial secretary re-emphasised the city’s role as an offshore Renminbi business hub during a presentation, not long after Hong Kong's 2024-25 budget.
How long will the renminbi stay on the weak side as the China-US rate paths diverge? Has the currency been undervalued? Fund managers have different views.
The Russian president sees a rapid pace of growth of settlement in national currencies between China and Russia. The Silk Road Fund flagged investments to come in infrastructure, agriculture and transport.
Issuance of US dollar bonds out of China declined after the US threatened more tariffs on Chinese goods. But investors are pinning their hopes on upcoming talks between US president Donald Trump and Chinese president Xi Jinping.
