"with the RMB and dollar dual currency debit card, I went to Chinese students more convenient." In ICBC Singapore branch to debit card, National University of Singapore students Zhang Ziwei said: "I want to go to Beijing to study for one year, with this card, I deposited in the Cheap Knicks Hats Neoproterozoic in Singapore, you can China direct payment of RMB, eliminating the swap trouble."
industrial and Commercial Bank of China Singapore Branch General Manager Zhang Weiwu told the reporters, the Bank Singapore branch is one of Singapore's two has a full licence of a Chinese bank, the branch can provide RMB deposit, remittance, cash and foreign exchange trading service, by the Singapore and ASEAN numerous customers welcome.
bank in Singapore private banking business, the reporter came to see Ms. wang. She is doing business in Indonesia, Chinese, Cheap Nets Hats very optimistic about the RMB appreciation prospects. "I now try to invest in renminbi. The interest rate is higher than the dollar, New Zealand currency, plus the expected appreciation of RMB, investment can get more income than other currencies."
thanks to huge trade in Chinese and ASEAN, ASEAN has made the yuan in trade currency into investment, financing currency. Society for Worldwide Interbank Financial Telecommunication said, Singapore has surpassed London, become second only to Hongkong in the world's second largest offshore RMB center. In order to meet the demand of RMB yuan investment ASEAN investors, ICBC Singapore branch and Chinese Bank Singapore branch has issued 2000000000 Yuan and 3000000000 Yuan denominated bonds "Lion City".
"China is an important trade partner of ASEAN, ASEAN hopes Chinese investors can invest in ASEAN market." Singapore Dahua bank economic Cheap Pelicans Hats analyst Quan Dejian told reporters, ASEAN has Malaysia, Thailand, Singapore, Indonesia and so on 7 stock exchanges together, set up a regional stock markets in the stock exchange. Recently, the ASEAN countries have also developed a common "ASEAN star index", hoping to attract investors, including Chinese international investors.
The rapid development ofChinese economy, investors ASEAN countries also hope to be able to share the fruits of economic development Chinese. It is reported, plan the Singapore Stock Exchange in the three quarter of this year to launch China 50 A shares in Shanghai Cheap Hornets Hats and Shenzhen stock markets for stocks Chinese FTSE Xinhua A50 index options. The SGX derivatives department director Xian Xianming said, in view of Southeast Asian investors to Chinese A stock market interest, launched Chinese A50 index options, can help investors through investment portfolio margin to Cheap Grizzlies Hats participate in and enjoy more trading opportunities.
actually, SGX early in 2006 launched a Chinese stock for China A50 index futures investment targets. As ASEAN's financial center, Chinese A50 index futures SGX launched attracted many ASEAN investors. In the strong market demand, China A50 index futures has become the SGX's fastest-growing derivatives contracts, a new record in 2013 turnover of 22000000 contracts. By the end of 2013, Chinese A50 index futures.
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