China has granted a 50 billion yuan (7.8 billion U.S. dollars) investment quota to Thailand under the Renminbi Qualified Foreign Institutional Investor (RQFII) pilot program, China's central bank said Thursday. The decision, part of ...
Tags: RQFII, financial cooperation
Undoubtedly one of the catch-phrases that Chinese stock investors like to hear most is "opening up". The government has already taken numerous steps to ease restrictions on foreign capital in the domestic stock market. You must have heard ...
Tags: stock investors, Chinese currency
Billions of dollars are flowing into Hong Kong's Yuan-denominated exchange-traded funds as offshore investors rally behind China's undervalued stocks, Reuters reported, citing data from researcher Morningstar. As a scheme to allow more ...
Deutsche Bank (China) Co., Ltd. (DB China) declared that it has been approved by the People's Bank of China (PBOC) to handle inter-bank bond settlement agency service, offering service to companies and financial institutions participating ...
The State Administration of Foreign Exchange of China approved CNY 6.3 billion investment quota for RMB Qualified Foreign Institutional Investors (RQFIIs) in April. The investment quota for Qualified Foreign Institutional Investors ...
Taiwan may be able to establish RQFII (renminbi qualified foreign institutional investor) mechanism, similar to Hong Kong, thereby facilitating the flowing back of renminbi to mainland China, which is critical for Taiwan to develop into a ...
Tags: Taiwan, RQFII Mechanism
Starting November 1,domestic designated banking units(DBUs)will initiate renminbi-related businesses comprehensively,announced the Financial Supervisory Commission(FSC)yesterday(Sept.19). As a result,local people will be able to deposit ...
Tags: RMB business, DBUs, domestic banks, Taiwan, economic policy