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Hong Kong’s proposed 8.25% treasury profits tax rate thrills some practitioners, but worries those with tailored structures. ...
China’s easing of cross-border cash flows may, paradoxically, diminish the value of placing treasury teams in the country.
StanChart and Baoxin Group; HSBC and Saint-Gobain; and Citi and Roche have announced new cash programmes relating to pooling and netting in the Shanghai free trade zone following central bank clarifications.