日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Chinadaily.com.cn
 
Go Adv Search
Yuan lending set to cross new border in pilot plan

Yuan lending set to cross new border in pilot plan

Updated: 2012-04-13 07:38

By Oswald Chen in Hong Kong (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

Shenzhen will push for a cross-border yuan lending pilot project this year that will allow banks in Hong Kong and Shenzhen to lend the currency directly to clients in the opposite city, a move that is expected to boost Hong Kong's offshore yuan business.

The Shenzhen city government has included the proposed program into its work schedule for this year, according to a document obtained by China Daily on Thursday.

Direct yuan lending, which will be an important link between the onshore and offshore markets for the currency, will deepen financial reforms in Shenzhen, the document said.

It added that low-cost yuan loans from Hong Kong will be used mainly to develop the yuan financial business of the Qianhai zone in Shenzhen.

The official China Securities News reported on its website that Shenzhen is applying for such a direct yuan lending program with Hong Kong, but Beijing hasn't given its final nod. However, a Shenzhen government official, quoted by Reuters, denied the report about the pilot project.

News about the program helped push up Shenzhen stocks by nearly 2 percent as investors cheered the prospect of easier credit.

The program "will boost the offshore yuan financial business in Hong Kong," said analyst Wilson Chan.

"The pilot scheme will greatly expand the repatriation channels of yuan capital in Shenzhen when Hong Kong banks can lend out their yuan capital to Shenzhen-based firms."

According to the Hong Kong Monetary Authority, outstanding yuan loans in the city rose 16.1 times during 2011 to 30.8 billion yuan.

The pilot plan should also help push up Hong Kong's yuan deposit rates.

"Local banks may need to attract more yuan capital in Hong Kong to (enable them to) lend the currency to Shenzhen-based businesses," Chan told China Daily.

He said this system will improve the supply-demand relationship for the yuan in the city,.

Standard Chartered Bank, in an earlier report, predicted that yuan deposit rates might rise in 2012 due to new repatriation channels for the currency and deposit competition among banks.

Yuan deposit rates in the mainland are generally higher than in Hong Kong, as a one-year fixed yuan deposit carries an interest rate of 3.5 percent in the mainland compared with 0.55 percent in Hong Kong.

The document said the central government will take steps to support the Qianhai zone's development, and foreign firms will be encouraged to establish global settlement centers there.

Firms and banks registered in the Qianhai zone, will be encouraged to issue yuan-denominated bonds in Hong Kong, and the Shenzhen government may also set up a Qianhai area equity exchange this year, the document added.

主站蜘蛛池模板: av电影在线网站 | 亚洲视频毛片 | 亚洲一区二区中文字幕 | 天天摸天天爽天天澡视频 | 久久久久久国产精品 | 91精品啪国产在线观看免费牛牛 | 四虎永久免费地址ww 41.6 | 久久精品国产一区二区电影 | 今井夏帆av一区二区 | 91在线看 | 国产精品成人免费观看 | 夜夜撸日日操 | 国产伦精品一区三区视频 | 亚洲欧美在线观看视频 | 一级片在线观看 | 高清国产一区二区三区四区五区 | 欧美一级h| 99热首页 | 国产成人免费 | 亚洲欧美一级久久精品 | 亚洲综合在线另类色区奇米 | 国产精品视频 | 欧美黑b| 欧美日韩第二页 | 精品在线一区二区三区 | 精品日本三级在线观看视频 | 猛h辣h高h文湿快穿np | 色五月视频 | 国产综合视频在线 | 欧美精品导航 | 精品成人A片久久久久久船舶 | 亚洲精品一区二区三区婷婷月色 | 亚洲欧美bt | 久久亚洲二区 | 国产香蕉视频在线观看 | 国产成人精品一区二区仙踪林 | 天天操网 | 亚洲精品v天堂中文字幕 | 国产精品主播视频 | 欧美日韩一区二区综合在线视频 | 日本高清香蕉色视频在线观看 |