The move will provide greater convenience for global investors and enhance the attractiveness of yuan-denominated assets, the PBOC said.
January 3, 2023The SFC proposes to expand the list of specified contracts and introduce an excess position limit regime for clearing participants.
November 23, 2022A market-maker system will be established to facilitate yuan-denominated stock trading. Stamp duty will be waived for market makers providing liquidity for yuan shares.
October 3, 2022Russia is now in third place on a list of non-mainland jurisdictions using the yuan for global payments, after Hong Kong and the UK.
September 6, 2022Swap Connect will initially enable Hong Kong and international investors to trade in Mainland interest rate swaps, and potentially other derivatives in futures.
July 5, 2022Central banks from China, Hong Kong, Singapore, Malaysia, Indonesia and Chile are creating a reserve pool to guard against market stresses.
June 28, 2022Hong Kong official Christopher Hui said a feasibility study has been completed and the next step is to engage with mainland regulators and relevant organisations.
April 12, 2022Hainan’s also plans also launch QFLP and QDLP trials and enhanced currency convertibility to facilitate cross-border trade and investment.
September 7, 2021The first batch of non-banks have joined CIPS. Officials say the network covers nearly 200 countries and over 3400 banks.
May 26, 2021Russia's main bourse will open three hours earlier to promote currencies and derivatives trading by Chinese market participants.
February 19, 2021