China’s central bank said on Wednesday that it would conduct a central bank bill swap on Dec. 29 The bill swaps, with a three-month tenor, are worth 5 billion yuan ($785.13 million), the People’s Bank…
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China injects most cash in 2 months; 10-year yields at lowest in 18 months
The yield on China’s 10-year sovereign bonds declined to the lowest level since June 2020, as interbank borrowing costs fell after the central bank boosted short-term liquidity. China’s 10-year …
China Huarong Sells Consumer Finance Stake to Bank of Ningbo
China Huarong Asset Management Co. Ltd. agreed to sell a 70% stake in its consumer finance unit to Bank of Ningbo for 1.09 billion yuan ($172.6 million), the state-owned bad asset manager said late …
China vows proactive moves to stabilise economy in 2022
China is seen adding stimulus to stabilise growth next year, with various ministries vowing more proactive measures to reverse the slowdown caused by a worsening property slump, weak consumption and …
C. Bank governor says China about to issue low-cost loans for emissions cuts
China’s central bank will by the end of the month issue a first batch of low-cost loans to financial institutions to enable carbon emissions cuts, state-owned Xinhua reported on Tuesday, citing an …
China c.bank to roll out low-cost loans for carbon emission cuts by year-end
China’s central bank is expected to issue first batch of low-cost loans targeted at carbon emission reduction to financial institutions by year-end, state-owned Xinhua reported on Tuesday, citing an …
China’s financial system stable, expectations for property market improved: PBC chief
Xinhua. China’s financial system is running stable, financial risks under control, and expectations for the property market have improved with structural adjustment, Yi …
China Finance Online announces $13.2m Private Placement of Ordinary Shares and Warrants
China Finance Online Co. Limited, a web-based financial services company that provides Chinese individual investors with …
China’s Ant Group to close crowdfunded medical aid service
Ant Group announced it will shut down its online crowdfunded medical aid service Xianghubao on Jan. 28, a decision that comes at a time of tightening of financial technology regulations in China.Ant, …
China Central Bank to Roll Out Low-Cost Loans for Carbon Emission Cuts by Year-End
China’s central bank is expected to issue first batch of low-cost loans targeted at carbon emission reduction to financial institutions by year-end, state-owned Xinhua reported on Tuesday, citing an …
Central Bank governor says China about to issue low-cost loans for emissions cuts
China’s central bank will by the end of the month issue a first batch of low-cost loans to financial institutions to enable carbon emissions cuts, state-owned Xinhua reported on Tuesday, citing an …
China injects US$31 billion into financial system to alleviate rising liquidity pressure
Liquidity conditions in China tend to tighten toward the end of the year, as banks hoard cash to prepare for regulatory checks.
China Injects Most Cash in Two Months, Triggering Gains in Bonds
China boosted its injection of short-term cash into the banking system to the highest in two months, as demand for liquidity climbed before year-end. Government bonds gained.Most Read from …