Opening up Renminbi possibilities
From left to right: Linklaters' William Liu, Andrew Malcolm and David TsaiThe Linklaters-advised Hopewell Highway Infrastructure Eurobond has broken open the market for Chinese corporates issuing in renminbi outside China, paving the way for a full interbank market in renminbi in Hong Kong.
K C Chan
Professor KC Chan, secretary for financial services and the treasury, government of the Hong Kong SARAs mainland China continues to develop its capital markets, Hong Kong is well placed to pick up new cross-border trade and help facilitate the internationalisation of the renminbi.
Asian exchanges resist shake-up
John Fildes, managing director of Instinet, Pacific
The global financial crisis has highlighted weaknesses in equity market structures. The markets must reform if they are to attract long-term institutional liquidity. Writer Michelle Price
Drowning under the mainland wave
Ben Hung, Standard Chartered
Moves to make the renminbi freely convertible, combined with the growth of rival financial centres on the Chinese mainland such as Shanghai, are chipping away at Hong Kong’s importance to international investors. Karina Robinson reports.
