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HK's offshore yuan financing center role under threat

Updated: 2012-05-12 07:14

By Oswald Chen(HK Edition)

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HK's offshore yuan financing center role under threat

Some companies prefer to settle their yuan trades in Singapore, while others are considering Macao, due to the Hong Kong Monetary Authority's stringent regulatory paperwork requirements. Oswald Chen reports.

HK's offshore yuan financing center role under threat

HK's offshore yuan financing center role under threat

HK's offshore yuan financing center role under threat

HK's offshore yuan financing center role under threat

HK's offshore yuan financing center role under threat

HK's offshore yuan financing center role under threat

(HK Edition 05/12/2012 page2)