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 ...
Tag: Yuan
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 ...
OUE Reit divests entire stake in Shanghai office property for 1.9 billion yuan
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service ...
PBOC offers strongest yuan support since July after US dollar gains
CHINA ramped up support for the currency via its daily reference rate after US Federal Reserve’s caution over future interest ...
Alibaba to sell department store chain Intime for 7.4 billion yuan
ALIBABA Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising textiles firm ...
Chinese authorities are considering a weaker yuan as Trump trade risks loom: sources
CHINA’S top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US ...
Yuan, euro rout points to losses for emerging-market currencies
Losses in the Chinese yuan and the euro have picked up in recent months, and that is worsening the outlook ...
China’s JD Logistics takes full ownership of Kuayue-Express with 6.48 billion yuan stake buy
CHINA’S JD Logistics will acquire the 36.43 per cent stake it does not already own in Kuayue-Express Group for not ...
China’s yuan falls to one-year low on weak growth, tariff risk
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on ...
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