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?

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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

Jump in Shanghai FTZ office rental prices

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Jump in Shanghai FTZ office rental prices

Office rental space in the new Shanghai free-trade zone (FTZ) have doubled in the last three-month period as landlords are taking advantage of firms rushing in to register in the area, according to Los Angeles-based brokerage firm CBRE Group Inc. Demand for office space in the 29-sq. km. area jumped to RMB4.2 (US$0.69) per sq. m., said a report released on 15 October.

Expect prime office space to be much higher.

To Trade Global and Chinese Futures Contact Us; info@ceres888.com

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

Chinese State Council approves Shanghai free-trade zone

Chinese State Council approves Shanghai free-trade zone

The State Council has formally endorsed Shanghai’s plan to open the mainland's first free-trade zone. The project will occupy 28 sq km, centering on the Yangshan Deep Water Port, and will take more than 10 years to build. When completed, the free trade zone will provide world-class transport and communications facilities and a tax-free environment for domestic and foreign enterprises, according to Chinese state run media.

I believe this is going to change the dynamics of Shanghai and make it much more competitive with Hong Kong when it is completed.

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.