New report shows scale of China’s state-backed equity market support, State capital and buybacks
The scale and packaging here look consistent with coordinated state support for equity sentiment rather than an isolated corporate finance trend. SASAC administers China’s central state-owned enterprises and Chengtong is…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.7248 – Reuters estimate
Earlier: Goldman flags China stimulus risk as growth slips further below target — The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.7421 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
Read More »PBOC seen shifting to overnight reverse repos as core liquidity tool
A shift toward overnight reverse repos as the PBOC’s primary short-term tool would mark a meaningful change in how Chinese money market rates are managed day to day, with the…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.7379 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.7462 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
Read More »Chinese Yuan: Consolidation holds upside bias against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CNH is currently consolidating in a narrow range around 6.77. In their 1–3 week view, they…
Read More »Chinese Yuan: Trade surplus cushions yuan against US Dollar – Commerzbank
Dr. Henry Hao at Commerzbank reports a strong upside surprise in China’s June trade data, with exports up 27% and imports 36% year-on-year, driven by global AI infrastructure demand.
Read More »PBOC is expected to set the USD/CNY reference rate at 6.8018 – Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.7733– Reuters estimate
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most…
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