DBS and BEA open branches in the FTZ

DBS and BEA open branches in the FTZ

On January 7th Singaporean DBS Bank and Hong Kong-based Bank of East Asia were two of the first foreign banks to officially open sub-branches in the Shanghai free-trade zone.

 Another six foreign banks have received approval from the China Banking Regulatory Commission and are preparing to open branches in the FTZ. So far the other six are HSBC, Citi, Deutsche Bank, Hang Seng Bank, ANZ, and United Overseas Bank.

The China Banking Regulatory Commission granted DBS Bank (China) the license on 31 December 2013. The bank is one of the very first financial groups and so far one of only two foreign banks, which has been granted approval to set up a sub-branch in the Shanghai FTZ. "The commencement of business by the DBS China FTZ sub-branch will help us seize new opportunities ahead, providing Asian connectivity to clients from the sub-branch," said DBS Bank (China) CEO Neil Ge.

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China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition

Investors eat up Dim Sum Bonds in London

David Nealis President of Blue Bridge

Investors eat up Dim Sum Bonds in London

UK Private investors can now trade RMB bonds in London as the first-ever RMB-denominated bond was released outside of China with a London Stock Exchange (LSE) listing in the first week of May 2012. The HSBC Holdings Plc-issued bond was listed on the exchange's retail-bonds electronic-order book. It is the first bond denominated in a currency other than sterling to be offered to retail investors since the bond-trading system was introduced in February 2010. The LSE bond is available to private investors in denominations of RMB 10,000 (USD1,600) that pays an annual coupon of 2.875%.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

 Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.