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.
Tagged By finance
2025 China Outlook: A Recipe For Re-Rating
We believe foreign capital will continue to return to China’s markets in 2025, accelerating the “re-rating” of China stocks, which began in 2024 with stimulus efforts.
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 yuan’s value versus the dollar. Naturally, it caused pandemonium in world …
Series of factors will conspire to limit Hong Kong stock gains in 2025: UBS
The Swiss bank expects the city’s benchmark index to rise above 20,000 by year-end, implying a gain of 3.7 per cent from Wednesday’s close.
China Development Bank releases $255 million for Nigeria rail project
China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna, the bank said, ahead of a visit to the West African…
China Vows to Deepen Graft Fight in Areas Like Finance, Energy
The Chinese government pledged to deepen its anti-corruption drive across a broad sweep of industries, including finance and energy — a sign that President Xi Jinping’s campaign against dirty …
Trump tariffs crash China’s economy to a 16-month low – BRICS allies are next
China’s renminbi hit a 16-month low amid fears of US tariffs under Trump, despite the PBoC maintaining steady daily rates.
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, in an effort to revive sluggish domestic demand, an official policy …
China-backed hackers breached the US Treasury Department. Here’s what we know.
Chinese government hackers breached the U.S. Treasury Department. Among other things, the hackers breached the office that administers economic sanctions against countries and groups of individuals.
China Market Update: No Executive Order Means No Problem For US Investors
Asian equities were mixed but mostly higher overnight as Mainland China outperformed while Hong Kong and the Philippines underperformed.
Why China’s industrial giants won’t be damaged by the latest US blacklisting
The inclusion of Chinese companies on US blacklists is hardly new. But in recent years, the growing dominance of Chinese firms in sectors such as electric vehicle batteries and shipbuilding has …
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC, once China’s leading professional football club and a symbol of the country’s aspirations in the sport, has been dropped from the national league after a drawn-out saga related to the …
US says tech giant Tencent works with Chinese military
The US has added several Chinese technology companies, including gaming and social media giant Tencent and battery maker CATL, to a list of businesses it says work with China’s military. The list …
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