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Hong Kong, People's Bank of China
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity.
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
PBOC to issue 60b yuan central bank bills in Hong Kong
The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening offshore renminbi liquidity management and stabilizing the yuan exchange rate.
China’s central bank rhetoric on yuan stability takes aim at depreciation risks
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending policies may further weaken the battered yuan.
58m
on MSN
Here Are the Tools That China Uses to Manage the Yuan
Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
1d
China’s Clash With FX Speculators Might Surprise George Soros
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the ...
11h
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Click ...
22h
China Steps Up Measures to Boost Spending, Defend the Yuan
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
1d
on MSN
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
1d
China expands consumer trade-in scheme to revive economic growth
China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer ...
23h
China's Viral Wild Boar Hunters Attract Fame And Concern
In the frigid night of China's Qinling mountains, hunters with huge social media followings scour the landscape in pursuit of ...
中国日报网
1h
China to increase finance support for green, low-carbon development: central bank official
BEIJING -- China's financial sector will promote the steady growth of green finance in support of green and low-carbon ...
1d
China's economic stimulus measures since September
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...
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