Macau SAR

Macau casino operator SJM Holdings has launched a HK$25bn ($3.2bn) dual-tranche financing into general syndication with proceeds to be used for the construction of a new project in the gambling hub.

In this round-up, South Korea RMB deposits picked up, while Macau and Taiwan saw a slight contraction, BRICS NDB approved its first loans, Chinese and Russian regulators are expanding their co-operation agreements, and Euronext started providing market data directly to onshore investors in China. Plus, a recap of GlobalRMB's top stories this week.

In this round-up, Malaysia opens RMB qualified foreign institutional investor (RQFII) applications, Macau launches a RMB real time gross settlement (RTGS) payment system, China Construction Bank (CCB) will join the new London silver fix, and the Singapore Exchange (SGX) reported a strong start to RMB currency futures trading in 2016. Plus, a recap of GlobalRMB's top stories this week.

Macau casino operator SJM Holdings is hunting for a HK$25bn ($3.2bn) loan to fund a new project in the city. Although the gaming industry in Macau is experiencing a lean period, loans bankers are expected to place their bets on SJM’s strong market position.

Macau casino operator SJM Holdings has enlisted one bank to sound out lenders for a HK$25bn ($3.2bn) loan for a new project in the city. Although the gaming industry in Macau is experiencing a lean period, loans bankers are expected to place their bets on SJM’s strong market position.

In this round-up, Hong Kong sees sharp drop in RMB trade settlement in October, PBoC appoints Swiss RMB clearing bank, ICBC Singapore completes first CNH bond repo, CSRC looking at London Stock Connect feasibility, Macau set to introduce RMB clearing system, StanChart joins OTC Clear in Hong Kong. Plus, a recap of our top stories this week.

In this round-up, Macau’s RMB deposits, SDR review decision drawing close, BRICS NDB and AIIB ready operations, BoC reports on RMB business in first three quarters, and CFETS plans a joint venture with Deutsche Boerse.

Wynn Resorts Macau (WRM) announced on September 30 that it has expanded both the size and maturities of its existing secured bank facilities.

In this round-up, Macau’s RMB trade settlement hits a new record, RMB deposits in Taiwan see a tiny drop, Bank of China’s international RMB usage index climbs again and CSRC publishes its updated list of new RQFII quota licences.

In this round-up, RMB indicators rose in Hong Kong across deposits, trade settlement and clearing, HKEx saw a 66% month on month increase in USD/CNH futures, Macau's RMB deposits and trade settlement were also up, and China and Angola will use their national currencies for trade settlement.

In this round-up, Hong Kong deposits rose in April, but cross-border RMB trade settlement fell, Macau announced its March deposit figures, ICBC opened two new offshore branches in Montreal and Riyadh, RMB clearing in South Korea has reached a daily average of Rmb25bn, and Japanese bank MUFG helped Brazilian clients settle trade with China in RMB.

In this round-up, Macau RMB deposits and cross-border RMB trade settlement fall in February, ICBC launches RMB clearing in Thailand, the Shanghai FTZ expands four-fold, and Kenya hopes to become the RMB hub in Africa.