Some key issues need clarifying before foreign money will flow into onshore renminbi bonds, say bankers from Credit Suisse, Goldman Sachs and Natixis.
Amid the drama of China's attempts at managed depreciation of the renminbi, other Asian currencies are also expected to slide against the dollar this year – except India's.
In allowing its currency to be subject to so much speculation, Beijing risks investors losing faith in mainland assets, says Julius Baer's Asia head of research.
The Taiwan Stock Exchange is preparing to introduce renminbi-denominated ETFs and stocks, indicating that Beijing will grant an RQFII quota to the island soon.
A proposal by the HKMA that urges asset managers in Hong Kong to move back-office functions to Qianhai is over ambitious and won't work without incentives, say industry figures.
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.
RQFII funds will give offshore yuan depositors better yields than their bank accounts and are a step towards convertibility of the currency, say panellists at our RMB Rising event.
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.
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 ...
Peter Redward of Barclays Capital and Dennis Tan of Deutsche Bank consider the pace of RMB appreciation and whether the Hong Kong dollar will be repegged to the renminbi.
In a video extract from our conference on the likely impact of renminbi liberalisation, we hear from Benjamin Rudd of Ping An and Enoch Fung of Goldman Sachs.
BarCap's Peter Redward argues that the Hong Kong dollar peg could be switched to the renminbi very quickly, preceded by a 10% appreciation of the Chinese currency.