The headquarters of the People’s Bank of China in Beijing Photo: IC. The People’s Bank of China (PBC) conducted 14-day reverse repos at an interest rate of 1.65 percent on Sunday, …
Tagged By finance
China approves 52b yuan in 2nd batch of pilot programs for long-term stock investments
BEIJING — China’s financial regulatory authority has approved the launch of the second batch of pilot programs for long-term stock investments, with a scale of 52 billion yuan ($7.25 billion).
Hang Seng Index: Beijing’s Policies Fuel Gains Amid Tariff Relief – Weekly Recap
Tech stocks lead gains in Hang Seng and Nikkei 225, fueled by Beijing stimulus, Trump’s tariff shift, and Fed rate cut hopes …
AIIB president calls for ‘fundamental reforms’ to global institutions
Head of Beijing-based multilateral development bank says current global governance structure fails to incorporate emerging economies.
TikTok is intertwined with tariffs as Trump weighs his ‘one very big power over China’
It’s not yet known how Donald Trump will resolve TikTok’s complicated legal limbo, but what does seem clear is that the fate of the social media app is increasingly linked in the president’s mind to…
China issues 4.72t yuan in new local govt bonds in 2024
A clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – China’s local governments issued new bonds worth 4.72 trillion yuan ($658.25 …
China cenbank conducts medium-term loan operation, rate unchanged
China’s central bank conducted a medium-term loan operation on Friday and left the interest rate unchanged. The People’s Bank of China (PBOC) lent 200 billion yuan ($27.46 billion) worth of one-year …
Hong Kong can become a multicurrency bond hub with Beijing’s support: experts
Many Hong Kong public bodies have seen increasing interest in multicurrency bonds to attract more international investors, UBS says.
China’s financial system is under brutal pressure
With few other safe assets to turn to, banks that are under pressure, as well as insurers and fund managers, have piled into government bonds, driving down yields. Since China’s financial system is …
China’s Latest Bid to Boost Stocks Barely Moves the Needle
Authorities’ request for state-owned insurance companies and mutual funds to invest more in stocks got a lackluster market reaction.
China pushes insurers to invest billions in latest move to support market
China announced plans on Thursday (Jan 23) to channel hundreds of billions of yuan annually into shares from state-owned insurers, in the government’s latest effort to support equity markets. Read …
China Steps Up Support for Country’s Stock Markets
State-owned insurers and mutual funds are expected to play a pivotal role in the process, the China Securities Regulatory Commission and the Ministry of Finance said in a press briefing.
A 25% Trump tariff on China would be a ‘pressure point’, warns Ralph Lauren CEO
During his presidential campaign, Trump pitched several ways to up tariffs on other countries. Those included a 10% to 20% tariff on all foreign imports, a 60% to 100% additional tariff on Chinese …
