Author: Y. C. JaoPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 272
Book Description
Hong Kong's Banking System in Transition
Author: Y. C. JaoPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 272
Book Description
Hong Kong's Banking Systems in Transition
Author: Banking and Currency in Hong Kong
Author: Y. C. JaoPublisher: Springer
ISBN: 1349021997
Category : Business & Economics
Languages : en
Pages : 353
Book Description
The Banking System of Hong Kong
Author: T. K. GhosePublisher: Lexis Law Publishing (Va)
ISBN:
Category : Banking law
Languages : en
Pages : 300
Book Description
Monograph describing the banking system of Hong Kong covering historical background, Hong Kong currency, regulatory, framework, source and application of funds, alternative sources of finances and special financial services.
Hong Kong in China
Author: Gungwu WangPublisher: Cavendish Square Publishing
ISBN:
Category : History
Languages : en
Pages : 336
Book Description
The dramatic handover of Hong Kong to the People's Republic of China on July 1, 1997, amid much tension and speculation, closes one significant colonial chapter in Asia. At the same time, it also sets the stage for new political and economic possibilities with China closely involved with a key financial center in Asia. Hong Kong in China comprises a collection of papers evaluating the situation in Hong Kong SAR over the last two years. The handing over of Hong Kong to China presents a challenge to the legal system which is intrinsically and delicately linked to the political vision of one country, two systems. While politicians and legalists seek to work out the model, the people of Hong Kong confront the dilemma of an identity crisis, on top of the contentious social problems presented by the immigration of Chinese mainlanders.
Hong Kong as an International Financial Centre
Author: Dr Catherine SchenkPublisher: Routledge
ISBN: 1134626053
Category : Business & Economics
Languages : en
Pages : 225
Book Description
Based on previously unpublished archival records, this book makes a significant contribution to our understanding of the development of Hong Kong as one of the worlds premier international financial centres.
Money And Finance In Hong Kong: Retrospect And Prospect
Author: East Asian InstitutePublisher: World Scientific
ISBN: 9814496154
Category : Business & Economics
Languages : en
Pages : 78
Book Description
Hong Kong's reunification with China on July 1, 1997 after 156 years of British rule was a historic event of worldwide significance. While the transition to Chinese sovereignty has so far been smoother than expected, there are lingering doubts concerning three interrelated issues: whether the Hong Kong dollar can continue to exist, whether the linked exchange rate can survive and whether Hong Kong can retain its role as an international financial centre. These issues are analyzed and discussed objectively in the first article of this book.The second article confines itself to the workings of the currency board. In addition, the future of the system after Hong Kong's historic reunification with China is briefly discussed.
Painful Transitions
Author: Leo F. GoodstadtPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 23
Book Description
China's Financial Transition at a Crossroads
Author: Charles W. CalomirisPublisher: Columbia University Press
ISBN: 0231141920
Category : Business & Economics
Languages : en
Pages : 433
Book Description
China's increasing role in global economic affairs has placed the country at a crossroads: how many and what types of international capital-market transactions will China permit? How will China's financial system change internally? What kind of relationships will the Chinese government develop with foreign financial institutions, especially with those based in the United States? Can China broker a sustainable partnership with America that will avoid sending economic shock waves throughout the world? Drawing on the contemporary research of prominent international scholars, the experts in this volume outline the trajectory of China's financial markets since the advent of reform and anticipate their uncertain future. Chapter authors and commentators include Geert Bekaert, Loren Brandt, Lee Branstetter, Mary Wadsworth Darby, Michael DeStefano, Barry Eichengreen, Campbell Harvey, Fred Hu, Xiaobo Lu, Christian Lundblad, Ailsa Roell, Daniel Rosen, Shang-Jin Wei, Jialin Yu, and Xiaodong Zhu. The book begins with an overview of the history of financial-sector development, regulation, and performance and then focuses on the banking sector, discussing the progress, challenges, and prospects of current sector reform. Subsequent chapters describe the role of foreign capital in China's development and analyze the changes in capital flows and controls over time; explore various explanations for China's composition of foreign-capital and foreign-exchange policies, particularly the factors shaping China's reliance on foreign direct investment; and provide an international, comparative perspective on the remarkable growth experience of China and the contribution of its institutional environment to that experience. Contributors dispute the belief that stock market listing has done little to reform state-owned enterprises and take a hard look at the exchange rate regime choice for China, considering the potential long-run desirability of flexibility and the appropriate sequencing of reforms in foreign-exchange policy, domestic banking reform, and capital-market openness. The book concludes with a roundtable discussion in which prominent economists, including Peter Garber, Robert Hodrick, John Makin, David Malpass, Frederic Mishkin, and Eswar Prasad, debate the pace of the appreciation of China's currency and the likely consequences of that policy within and outside of China.
People’s Republic of China—Hong Kong Special Administrative Region: Financial System Stability Assessment-Press Release and Statement by the Executive Director for the People’s Republic of China—Hong Kong Special Administrative Region
Author: International MonetaryPublisher: International Monetary Fund
ISBN: 1513573101
Category : Business & Economics
Languages : en
Pages : 66
Book Description
The main macro-financial risks relate to extensive linkages to Mainland China, stretched real estate valuations, and exposure to shifts in global market and domestic risk sentiment, compounded by escalating U.S.-China tensions. Stress tests show that the financial system is resilient to severe macro-financial shocks, but there are pockets of vulnerabilities in foreign bank branches, investment funds, households, and nonfinancial corporates. Hong Kong SAR’s financial sector is also exposed to physical and transition risks from climate change.