Friday, July 26, 2013

Yuan funding rules eased to shore up Hong Kong's offshore lead





The Hong Kong Monetary Authority (HKMA) has introduced two measures to enhance local banks' yuan liquidity in its latest effort to fend off increased international competition for a slice of the offshore yuan business pie.









via Business feed http://www.scmp.com/business/banking-finance/article/1290727/yuan-funding-rules-eased-shore-hong-kongs-offshore-lead

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