China’s record mergers in 57 trillion yuan small banking sector raise future risks
CHINA oversaw its largest-ever wave of rural bank mergers last year, a Reuters review of official data showed, but analysts ...
Tag: Yuan
Huawei chairman says 2024 revenue exceeded 860 billion yuan
HUAWEI’S chairman said on Wednesday (Feb 5) that the tech company’s annual revenue exceeded 860 billion yuan (S$159.6 billion) last ...
China may loosen grip on yuan as Trump reignites trade war
CURRENCY traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting authorities ...
This Hong Kong newspaper seller is preparing for a yuan crash – The Business Times
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand ...
China’s new rules to add one trillion yuan into market: analysts – The Business Times
ANALYSTS see China’s latest initiatives injecting at least one trillion yuan (S$186 billion) of additional flows in 2025 into its ...
PBOC halts bond buying to defend yuan as economic gloom worsens
CHINA’S central bank said it will suspend buying government bonds, its latest attempt to temper investor bets on weak economic ...
Yuan traders look to PBOC fixing to gauge level of FX support
THE yuan weakening past a level that China had been defending throughout December has returned the spotlight to its daily ...
PBOC maintains support for yuan with fix stronger than key level
CHINA reaffirmed its support for the yuan after allowing the currency to slip below a key support level in the ...
China’s record dividend payout intensifies pressure on the yuan
China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend payouts ...
China’s Nio unveils 788,000 yuan EV to take on Porsche, Mercedes
CHINESE electric car maker Nio started sales of its most expensive car as it seeks to double deliveries in 2025 ...
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