• 让每一所乡村学校都“美”得有特点、“优”得有亮点 2019-03-25
  • 人民日报社黑龙江分社 2019-03-25
  • 美元短线拉升 随后回吐涨幅 2019-03-19
  • 人民网专访中国中小企业协会副会长、一带一路工作委员会主任商世伟 2019-03-19
  • 候选企业:神州优车集团 2019-03-17
  • 广西百色贫困山区经济社会发展现状调研报告 2019-03-17
  • 邻邦扫描:自卫队训练情报员讲中文 越军列装二手韩国战舰 2019-03-10
  • 欧宝将会在今年推出全新GT概念车 2019-03-08
  • 你轻信老伴四两枕边话?[微笑] 2019-03-08
  • 以保法治反腐公信力,以保中国社会普正义。 2019-03-06
  • 新时代 新担当 新作为 2019-03-06
  • 2017地方领导留言板APP2.0 2019-03-05
  • 《魔兽世界》怀旧服开荒时间最长的三大团队副本 2019-03-03
  • 新闻中心给记者留下美好记忆 2019-02-28
  • 中国和巴基斯坦将合拍电影《天路》 2019-02-28
  • Select Page

    Finance and insurance

    We provide high impact advice to institutions operating in the finance and insurance sectors, including insurance and reinsurance companies, insurance agents and brokers, financial service intermediaries, investment banking firms, fund managers and hedge funds. Our lawyers have significant experience representing clients on a broad range of transactional and regulatory compliance issues. We advise across several practice areas, including M&A, capital markets, corporate finance, funds and financial services. Charltons provides an insightful and highly personalised service, supporting our finance and insurance clients on complex issues by providing them with high impact, smart and practical advice.

     

    Hong Kong as the world’s financial centre

    Hong Kong is regarded as the gateway for overseas enterprises seeking access to the Mainland China market, and for Mainland China enterprises going international due to its free flow of information and capital, advanced financial infrastructure and effective regulatory regime. The business-friendly environment, low taxation and developed legal system of Hong Kong contribute to Hong Kong’s success as a major asset management, capital formation, banking and insurance hub.  According to the Financial Development Report released in 2012, Hong Kong ranked first in the World Economic Forum, surpassing the United States and the United Kingdom.

    The financial service industry is one of the four pillar industries of Hong Kong. According to the statistics of the Hong Kong government, 230,000 people (approximately 6% of Hong Kong’s entire workforce) were employed in the financial service industry in 2013. Further, Hong Kong is one of the largest banking centres in the world: 70 of the top 100 banks in the world have established a presence in Hong Kong.

    Hong Kong’s Role as an Offshore Renminbi (RMB) Centre

    Hong Kong has developed into the most comprehensive and competitive platform for offshore RMB business and has become the global hub for RMB trade settlement for local as well as overseas banks and companies. RMB trade settlement handled by banks in Hong Kong in 2013 totaled more than RMB3.8 trillion. Hong Kong also has the largest pool of offshore RMB liquidity. In 2013, the amount of RMB deposits and outstanding RMB certificates of deposits exceeded RMB1 trillion, representing 70% of the offshore pool of RMB liquidity. Hong Kong has a large offshore RMB business.

    A wide range of RMB financial assets is available in Hong Kong for local and international investors. In addition to dim-sum bonds, investors can also invest in a variety of investment funds, commodity-linked products, exchange-traded funds, REITs, and insurance policies. As at 31 December 2013, the outstanding amount of listed RMB funds and unlisted RMB funds in Hong Kong amounted to RMB37 billion and RMB24 billion respectively.

    Moreover, since the launch of the Shanghai-Hong Kong Stock Connect scheme in November 2014, a new channel for the cross-border use and circulation of RMB was created where Mainland China investors can invest in shares listed on the Hong Kong Stock Exchange, and local and international investors are able to invest in shares listed on the Shanghai Stock Exchange directly.

    Despite the fact that the liberalisation of the economy of Mainland China and the internationalisation of the RMB has brought many growth opportunities for Hong Kong, Hong Kong also faces various challenges and uncertainties. The gap between Hong Kong and Mainland China financial centres will continue to narrow as the infrastructure and governance in the Mainland China market is continuously strengthened and improving. The Shanghai Free Trade Zone which was established in August 2013 is one of the examples showing the determination of the Mainland China to liberalise its market.

    Further, China has begun exporting offshore RMB business to other financial centres such as Singapore and London, all jostling for a slice of the business. In 2013, Singapore and London accounted for around 7% and 6% of all offshore renminbi-denominated currency payments respectively.

    特码生肖赔率:Finance and insurance

    Financial service industry

    Offshore RMB business

    Chinese Offshore RMB business

    Hong Kong Financial service industry

    Hong Kong offshore RMB business

    Finance and insurance legal advice

    Legal advice for institutions operating in finance and insurance sectors

    Transactional and regulatory compliance

    Financial development report Hong Kong

    Hong Kong RMB trade settlement

    Exporting RMB business

    Finance and insurance industry
    RMB Internationalization
    Offshore CNY
    Financial Services Industry Overview

    Privacy Preference Center

    Strictly Necessary

    Cookies that are necessary for the site to function properly.

    gdpr, PHPSESSID

    Performance

    These are used to track user interaction and detect potential problems. These help us improve our services by providing analytical data on how users use this site.

    _ga, _gat, _gid, _atuvc, _atuvs

  • 让每一所乡村学校都“美”得有特点、“优”得有亮点 2019-03-25
  • 人民日报社黑龙江分社 2019-03-25
  • 美元短线拉升 随后回吐涨幅 2019-03-19
  • 人民网专访中国中小企业协会副会长、一带一路工作委员会主任商世伟 2019-03-19
  • 候选企业:神州优车集团 2019-03-17
  • 广西百色贫困山区经济社会发展现状调研报告 2019-03-17
  • 邻邦扫描:自卫队训练情报员讲中文 越军列装二手韩国战舰 2019-03-10
  • 欧宝将会在今年推出全新GT概念车 2019-03-08
  • 你轻信老伴四两枕边话?[微笑] 2019-03-08
  • 以保法治反腐公信力,以保中国社会普正义。 2019-03-06
  • 新时代 新担当 新作为 2019-03-06
  • 2017地方领导留言板APP2.0 2019-03-05
  • 《魔兽世界》怀旧服开荒时间最长的三大团队副本 2019-03-03
  • 新闻中心给记者留下美好记忆 2019-02-28
  • 中国和巴基斯坦将合拍电影《天路》 2019-02-28