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 own right.
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.