Category: Forex
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China Bond Market Prices In Rate Cuts Beijing Has Yet to Deliver, CICC Warns
Read more: China Bond Market Prices In Rate Cuts Beijing Has Yet to Deliver, CICC WarnsChina’s government bond market has rallied this year even though the central bank has not cut its key policy rate once, with the entire move in the long end driven by investor expectations of a future cut that may — or may not — materialize on the timeline the market currently prices. In a new…
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Shanghai Police Dismantle Two Underground Money-Transfer Rings Built on Virtual Currency
Read more: Shanghai Police Dismantle Two Underground Money-Transfer Rings Built on Virtual CurrencyAuthorities arrest 28 suspects across two separate operations funnelling renminbi into foreign currency through crypto “offset” transactions and unlicensed payment platforms. Police in Shanghai said Wednesday they had uncovered and shut down two underground financial operations that used virtual currency to illegally move money across borders, arresting a combined 28 suspects in coordinated raids earlier…
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PBOC Deploys Trio of Liquidity Tools to Stabilize Month-End Funding Markets
Read more: PBOC Deploys Trio of Liquidity Tools to Stabilize Month-End Funding MarketsAug 25, 2026 (InvestinChina.asia) –The People’s Bank of China (PBOC) has activated a combination of three liquidity management instruments to smooth funding volatility as the banking system approaches month-end, signaling a calibrated approach that balances ample short-term liquidity with a desire to prevent excessive declines in long-term bond yields. In a series of announcements on…
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Yuan Hits 3.5-Year High as Dollar Weakness Meets Export-Driven Settlement Wave
Read more: Yuan Hits 3.5-Year High as Dollar Weakness Meets Export-Driven Settlement WaveAugust 18, 2026 (InvestinChina.asia) – The renminbi charged to a three-and-a-half-year high on Monday, with the onshore USD/CNY rate closing at 6.7382, up 39 basis points from the prior session. The offshore rate likewise punched through the 6.74 threshold, marking the strongest level since February 2023. The move caps a relentless climb: the onshore yuan has…
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Onshore Yuan Closes at 3-1/2 Year High of 6.7442; Analysts Expect Two-Way Volatility, Not a Repeat of H1 Rally
Read more: Onshore Yuan Closes at 3-1/2 Year High of 6.7442; Analysts Expect Two-Way Volatility, Not a Repeat of H1 RallyAugust 10, 2026 (InvestinChina.asia) — The onshore renminbi closed at 6.7442 against the US dollar on Monday, 59 pips stronger than the previous session and the highest level since February 2, 2023. The central parity rate was fixed at 6.7884, 20 pips firmer and the strongest since February 10, 2023. Analysts attribute the move to…
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From 3.35% to 1.60%: Rate Halving Drives China’s Banks to Dribble Out 5-Year NCDs Again
Read more: From 3.35% to 1.60%: Rate Halving Drives China’s Banks to Dribble Out 5-Year NCDs AgainJuly 31, 2026 (InvestinChina.asia) – After a near-total disappearance from state-bank shelves since late 2025, the five-year personal negotiable certificate of deposit (NCD) made a limited July comeback, with Industrial & Commercial Bank of China absent but Bank of China, Agricultural Bank of China and China Construction Bank all re-listing the tenor at a uniform…
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Analysis: Deciphering the Divergence Between the Renminbi and Hong Kong Stocks
Read more: Analysis: Deciphering the Divergence Between the Renminbi and Hong Kong StocksA recent and counterintuitive market development has puzzled investors: the China’s Currency Renminbi (RMB, Chinese Yuan) has been strengthening while Hong Kong stocks, particularly the tech-heavy Hang Seng Tech Index, have tumbled. This divergence challenges the conventional wisdom that a stronger yuan typically coincides with capital inflows and a rising Hong Kong market. A new…