The onshore bonds issued by the Ministry of Finance and the policy banks on the mainland under the same programme will also be used as margin collateral for derivatives transactio ...
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. The People’s Bank of China will auction 60 ...
The People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) will offer a 100 billion yuan (US$13.6 billion) liquidity facility for banks to help their customers obtain yuan ...
while the Chinese currency traded in Hong Kong on Wednesday hit its weakest against the U.S. dollar in more than a year. The People's Bank of China is "trying to cool down the market by suspending ...
People’s Bank of China governor Pan Gongsheng said during a 20-minute speech at the annual Asian Financial Forum in Hong Kong. Beijing could also adjust and increase fiscal spending, he said.
The People’s Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a move seen as efforts to stabilize the yuan’s exchange rate in the offshore market.
worth of bills in Hong Kong on Jan. 15. The bills will be issued with maturity of six months, or 182 days, the People's Bank of China said in a statement. The move aims to enrich yuan-investment ...
SHANGHAI -- The People's Bank of China on Thursday said it will issue renminbi-denominated central bank bills worth a record 60 billion yuan ($8.18 billion) in Hong Kong, in what analysts said was ...
Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...
Chinese stocks listed in Hong Kong surged on Tuesday as investors loaded up on AI and EV shares, despite looming U.S. tariffs ...