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PBOC

Yuan eases as investors look to US inflation data
Markets

Yuan eases as investors look to US inflation data

  • "Although China's aggregate finance grew at a slower pace than last year, yuan loan growth was faster than a year ago, showing that shadow banking has continued to shrink," Iris Pang, chief economist for Greater China at ING, said in a note.
Published 13 Apr, 2021 11:02am
China March new bank loans rise but broad credit growth eases
World

China March new bank loans rise but broad credit growth eases

  • March new loans 2.73 trln yuan vs forecast 2.45 trln yuan.
  • Q1 new loans at record high - Reuters calculations.
  • March M2 money supply +9.4% y/y, vs forecast of +9.6%.
  • Outstanding TSF +12.3% Y/Y, vs 13.3% in Feb.
  • March TSF 3.34 trln yuan, vs forecast 3.70 trln yuan.
Published 12 Apr, 2021 06:31pm
Yuan edges up as investors catch up with dollar weakness after holiday
Markets

Yuan edges up as investors catch up with dollar weakness after holiday

  • The dollar sank to an almost two-week low against its major trading partners, moving in tandem with retreating Treasury yields from recent peaks despite signs of a robust US economic recovery.
  • In the spot market, the onshore yuan trading unchanged fron the open at 6.5550 per dollar, 125 pips firmer than the previous late session close on Friday.
Published 06 Apr, 2021 09:54am
China stock climb
Markets

China stock climb

SHANGHAI: China stocks ended higher on Tuesday, as the central bank’s liquidity injection eased worries over tight...
Published 03 Feb, 2021 04:35am
China stocks jump
Markets

China stocks jump

BEIJING: China stocks closed higher on Wednesday, with banking and manufacturing shares leading the gains, as upbeat...
Published 28 Jan, 2021 04:40am