renminbi

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.

As GBA ties grow, Shenzhen's government has issued Rmb4bn of bonds in Hong Kong, and Rmb1bn via a Macau sustainable bond.

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.

HKMA and the PBOC to further support the expansion of use cases of the digital yuan in Hong Kong, targeting local consumers and travellers.

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 move reduces exchange-rate risk and could encourage the accumulation of renminbi funds overseas over time, observers believe.

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.