Regulation & Policy - All Articles

  • A peek into China's 2017 financial reform agenda

    China’s financial markets have undergone a huge transformation over the past few years with a series of reforms aimed at improving access for foreign investors and liberalising its exchange rate mechanism. GlobalRMB reached out to several industry bodies to get a sense of initiatives they are working on and where China’s reform priorities lie this year.

    • 26 Jan 2017
  • Bond Connect to use Tradeweb infrastructure

    Tradeweb is working with Hong Kong Exchange (HKEX) to provide the infrastructure for Bond Connect, which will give foreign investors access to the Chinese interbank bond market, GlobalRMB has learned.

    • 23 Jan 2017
  • This week in RMB: January 23, 2017

    The Trump presidency begins without China being labelled a currency manipulator, RMB keeps strengthening against the dollar, and the State Administration of Foreign Exchange emphasizes stability over reform.

    • 23 Jan 2017
  • RMB round-up: FTSE Russell adds two China indices, MRF sales slump, IFFO adds nine partners

    In this round-up, index provider FTSE Russell adds two new Chinese A-shares indices, the mutual recognition of funds (MRF) scheme sees sales of Hong Kong funds retreat in December, and the Hong Kong Monetary Authority adds nine partners to the Belt and Road-linked Infrastructure Financing Facilitation Office (IFFO). Plus, a recap of our coverage.

    • 20 Jan 2017
  • RMB internationalisation outlook: Improving global infrastructure

    In the third and final part of our outlook on RMB internationalisation, industry experts address how the recent capital controls affect the diversification drive by Chinese investors, and how infrastructure upgrades, such as the prospect of 24-hour trading capabilities, could provide a much-needed to boost the RMB's global role.

    • 19 Jan 2017
  • HKEX ready to unveil Bond Connect plans

    Details of the long-awaited China-Hong Kong Bond Connect scheme are set to be unveiled soon by the Hong Kong Exchange (HKEX), providing a whole new asset class for Mutual Market Access investors.

    • 18 Jan 2017
  • RMB internationalisation outlook: One hub to rule them all?

    In the second part of the GlobalRMB’s outlook on renminbi internationalisation in 2017, market participants discuss the far-reaching impact of the recently-established New York hub.

    • 13 Jan 2017
  • RMB internationalisation outlook: Hedge your bets

    There is little doubt the RMB had a tough 12 months. But despite the headwinds, China has managed to push through landmark reforms to the capital account and more initiatives are in store for 2017. In the first part of this outlook, market participants discuss how RMB internationalisation (RMBi) will benefit from opening up of onshore hedging products and the far-reaching impact of recently-established New York hub.

    • 13 Jan 2017
  • RMB round-up: cross-border RMB trade collapses in 2016, China FX turnover remains dollar-centric, new China ETF launches in London

    In this round-up, RMB-denominated cross-border trade settlement suffers a big setback in 2016, turnover in the Chinese interbank foreign exchange (FX) markets revolves almost entirely around dollar trades, and GF International launches a China A-shares fund on the London Stock Exchange. Plus a recap of our coverage.

    • 13 Jan 2017
  • RMB round-up: RMB surges against dollar, CNH futures set new trading record, Zhejiang FTZ gets going

    The year started with plenty of excitement, as the RMB gained ground against the dollar in onshore and offshore markets, activity surged in RMB futures in Hong Kong, and the third batch of free trade zones (FTZ) opened for business. Plus, a recap of our coverage.

    • 06 Jan 2017
  • RMB holiday round-up: January 3, 2017

    Welcome back and Happy New Year. While we were on a break, China revised its official trade-weighted currency basket, added two new RMB qualified foreign institutional investors (RQFII) and set stricter rules for the individual quota of foreign exchange (FX) purchases that reset on January 1.

    • 03 Jan 2017