Proceedings of the 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)

Analysis of the Influence Factors of Hong Kong RMB Offshore Market on Speculative Capital Flows in China

Authors
Yihong Su, Qiubin Lin
Corresponding Author
Yihong Su
Available Online June 2018.
DOI
https://doi.org/10.2991/icmess-18.2018.63How to use a DOI?
Keywords
Hong Kong RMB offshore market; Foreign speculative funds; The offshore interest rate; The offshore RMB exchange rate
Abstract
Based on the RMB offshore market in Hong Kong, this paper selects the quarterly data from 2009 to 2015 to analyze the factors that influence the speculative capital flows in China. The balance of RMB deposits in Hong Kong has a significant impact on the speculative capital flow in China, and the impact of interest rate differentials and RMB cross-border trade settlement should not be ignored. Based on the empirical conclusions, this paper proposes that we should continue to deepen the reform of interest rate liberation, actively promote the reform of onshore RMB exchange rate formation mechanism, strengthen the supervision of cross-border capital flow in Hong Kong and strengthen international cooperation and experience.
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Proceedings
2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
June 2018
ISBN
978-94-6252-520-7
ISSN
2352-5398
DOI
https://doi.org/10.2991/icmess-18.2018.63How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yihong Su
AU  - Qiubin Lin
PY  - 2018/06
DA  - 2018/06
TI  - Analysis of the Influence Factors of Hong Kong RMB Offshore Market on Speculative Capital Flows in China
BT  - 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)
PB  - Atlantis Press
SP  - 279
EP  - 282
SN  - 2352-5398
UR  - https://doi.org/10.2991/icmess-18.2018.63
DO  - https://doi.org/10.2991/icmess-18.2018.63
ID  - Su2018/06
ER  -