Hong Kong
CBFS focuses on the emerging markets of Asia, Africa, Middle East, Europe and the Americas.
CBFS Hong Kong, ideally placed to consider your forfaiting requirements for all type of cross border interbank transactions in all parts of the world.
For more information, please contact CBFS for flexible and innovative solutions to your financing needs or for details of CBFS affiliated offices, please visit us at www.cbfsuk.com/hongkong or e-mail.
Please do not hesitate to contact me directly if you would like to discuss any of our options with you.
Eric Knudsen, Director, Cross-Border Financial Services Ltd.
The New Territories, Kowloon Peninsula, Hong Kong Island and over 200 offshore islands make the territory known as Hong Kong. While the currency is the Hong Kong Dollar and it currently has a Special Administrative "Region" of China status, Hong Kong does not have a capital. The region is quite special with an export-related economy, with a majority of the shipments coming from re-exports.
Hong Kong export partners are China, taking over half of its export market; United States and Europe taking roughly 25% of exported goods; and other smaller nations closer to its shores make up the remainder. Electrical Appliances, Electronics and Textiles in the export market in Hong Kong yield high profits for its economy.
The "Fragrant Harbour" main import partners are China, Japan and Singapore. Imported goods include Equipment & Machinery - over 55%, Manufactured Goods - 30%, Chemicals - 6%, Fuels & Minerals - 5% and Food - 4%. With a strong focus on automation in the production process of smaller parts and utilising newly build production facilities on mainland China, Hong Kong and its economy are continuing to grow.
More information on the statistics can be found here.
Cross-Border Financial Services Ltd. is a London based financial company with offices around the world specialising in Manufactured Products, Interbank, Construction Vehicles, Equipment, Machinery, Soft Commodities and Forfaiting Finance. Broad level of solutions available for other products and financials.
Our principals in Hong Kong are client-driven for the provision of Forfaiting structures aimed at eliminating cross-border risks on a non-recourse financing. CBFS Hong Kong offer local professionals to develop creative cross-border Import & Export solutions to support our clients.
Primary Services: Interbank Finance, Forfaiting, Trade Finance, Buyer(s) Credit, Pre-Exporter Loan, Post-Shipment Finance, Lease Financing, Export Finance with deferred payment, Import Finance with deferred payment, Project Finance (with/without E.C.A cover).