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Renminbi
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Brokers
Eight Chinese Banks Connect to London FX Market via R5-SHCH Connect
The new service went live, connecting Shanghai with London during the China visit of UK Prime Minister Theresa May.
Friday, 02/02/2018 | 09:31 GMT
by
Victor Golovtchenko
Regulation
China’s Regulators Ban Net Renminbi Outflows From Banks Amid Currency Concerns
Chinese regulators have made moves to curb bankers from moving currency overseas as part of a capital controls regime.
Monday, 23/01/2017 | 10:11 GMT
by
Finance Magnates Staff
Regulation
PBoC Strengthens Renminbi’s Trading Range by Most Since 2005
The Chinese currency's daily fix has been raised following the biggest ever two day surge.
Friday, 06/01/2017 | 09:01 GMT
by
Finance Magnates Staff
Regulation
China Clamps Down on Personal Forex Purchases
Banks have been asked to improve their standards after complaints of leaks in the system of personal forex purchases.
Monday, 02/01/2017 | 07:25 GMT
by
Finance Magnates Staff
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Exchanges
Shanghai-Hong Kong Stock Connect Program to Launch Mid-December
The Shenzhen stock-link program has been awaited since the launch of the Shanghai-Hong Kong Stock Connect in November 2014.
Thursday, 25/08/2016 | 10:18 GMT
by
Finance Magnates Staff
Analysis
Shenzhen Market to Connect to Hong Kong: Why Should Brokers Care?
The green light has been given for yet another stock connect which is designed to further open Chinese mainland markets.
Wednesday, 17/08/2016 | 11:16 GMT
by
Victor Golovtchenko
Payments
RMB’s Global Payments Share Declines in June, SWIFT Data Shows
RMB usage fell to the sixth most utilized in the world after the CAD in June.
Thursday, 21/07/2016 | 13:41 GMT
by
Jeff Patterson
Exchanges
China Issues Inaugural Renminbi Debt Sale in London as Demand Rises
China issued its inaugural sale of offshore government debt in London’s RMB.
Thursday, 26/05/2016 | 19:57 GMT
by
Jeff Patterson
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Execution
RMB Usage Declines MoM in April, Falls to Sixth Place Amongst Global Payments
In April 2016 the RMB fell to 6th place amongst global payments, reflecting a usage of 1.82%, less than the CAD.
Thursday, 26/05/2016 | 17:24 GMT
by
Jeff Patterson
Execution
HKEX Gets Approval to Launch Four New Renminbi Currency Futures
HKEX to launch 4 new RMB futures as China's currency becomes globalized.
Monday, 23/05/2016 | 17:13 GMT
by
Steven Hatzakis
Payments
New York Vying For Global Status as RMB Processor
New York is upping its effort to establish itself as a clearing center for RMB clearing, joining Hong Kong and others.
Friday, 20/05/2016 | 09:45 GMT
by
Jeff Patterson
Prime Brokerage
London Overtakes Singapore as Second-Largest Renminbi Clearing Location
Closer ties between London and Beijing are fruitful for Europe’s financial center regardless of Brexit fears.
Sunday, 01/05/2016 | 07:33 GMT
by
Victor Golovtchenko
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Exchanges
HKEX To Launch Four New Renminbi Futures Contracts in Hong Kong
New renminbi contracts from HKEX on euro, yen, Australian and US dollars.
Tuesday, 19/04/2016 | 13:50 GMT
by
Steven Hatzakis
Payments
SWIFT Currency Tracker Illustrates Sizable MoM Decline in RMB Usage
SWIFT's RMB Tracker showed a MoM fall of -27.5% MoM during February.
Friday, 01/04/2016 | 10:44 GMT
by
Jeff Patterson
Payments
UAE and Qatar See Surge in RMB Usage, SWIFT Tracker Shows
With the use of the RMB on the rise globally, it comes as no surprise that hubs in the UAE and Qatar are increasingly utilizing the Chinese currency.
Friday, 29/01/2016 | 10:29 GMT
by
Jeff Patterson
Exchanges
SGX Reports Record High RMB Futures Volume Amidst December Surge
The SGX’s USD/CNH futures trading volumes swelled to 51,702 contracts in December 2015, jumping 47.2% MoM from 35,128 in November 2015.
Monday, 04/01/2016 | 14:32 GMT
by
Jeff Patterson
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Execution
Singapore and China Bolster RMB Flows in Bid to Strengthen Liquidity
China and Singapore have met to discuss an extension of cross-border RMB flows in hopes of ensuring greater liquidity for asset managers.
Monday, 09/11/2015 | 10:20 GMT
by
Jeff Patterson
Payments
SWIFT Global Tracker Sees RMB Payments Fall in International Use
During September 2015, the RMB fell to fifth place amongst active currencies for international payments.
Friday, 30/10/2015 | 14:43 GMT
by
Jeff Patterson
Analysis
Chinese Government on a Mission to Find Market Collapse Culprits
Authorities have charged almost 200 people for allegedly illicit behavior leading to the Chinese stock market’s selloff
Monday, 31/08/2015 | 14:34 GMT
by
Victor Golovtchenko
Brokers
Breaking: China PBOC Cuts Interest Rates and Reserve Requirement Ratio
The Chinese central bank has just announced that it is moving to supplement the liquidity gap formed after the renminbi move last week
Tuesday, 25/08/2015 | 10:58 GMT
by
Victor Golovtchenko
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Analysis
Currency Wars Escalate As China’s Move Triggers a Chain Reaction
The move by China to devalue the renminbi resonates across global markets as emerging markets currencies collapse
Friday, 21/08/2015 | 19:39 GMT
by
#Trading People
Brokers
Shanghai Drops 6%, JP Morgan: Bank of China Likely to Ease Further
The increased size of People Bank of China’s reverse repo operation could signal that the central bank intends to prevent a spike in onshore interest rates.
Tuesday, 18/08/2015 | 14:41 GMT
by
Victor Golovtchenko
Regulation
RMB Vying to Join the Ranks of the World’s Reserve Currencies
Before being included in the IMF's Special Drawing Rights basket of reserve currencies, the Chinese renminbi has a few hurdles to clear.
Wednesday, 05/08/2015 | 13:20 GMT
by
Andy Traveller
Payments
SWIFT Data Shows Mounting RMB Popularity in South Africa
For the month ending June 2015, the RMB held the distinction as the fifth-most active currency for global payments by value in the world.
Friday, 31/07/2015 | 15:04 GMT
by
Jeff Patterson
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Exchanges
LME Clear Accepts Collateral Payments in Offshore Renminbi
In another sign that the Chinese currency is internationalising, the London clearing house embraces CNH cash collateral payments.
Tuesday, 28/07/2015 | 19:47 GMT
by
Andy Traveller
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