Yuan

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Exclusive | Economist Huang Yiping on why China’s AI push must be ‘job-oriented’

Huang Yiping is the dean of Peking University’s National School of Development and a member of the Monetary Policy Committee…

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Opinion | How China could solve its consumption conundrum

China’s most effective tool to revive consumption may be the simplest: a one-off distribution of 3,000 yuan (US$424) per person…

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China sets strongest yuan fix in over a year as Fed-cut bets rise

China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…

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Yuan’s long-term hedge costs equalise for first time since 2011

An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for…

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Why China’s growing global investments could spur yuan internationalisation push

China may take additional steps to advance the yuan’s internationalisation and ease cross-border flows on the back of rising investment…

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Exclusive | Property credit quality issues manageable for Hong Kong banks, HKMA’s Eddie Yue says

Challenges from commercial property credit quality will persist for Hong Kong banks next year, though these may be balanced by…

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China’s central bank sets daily yuan rate against US dollar at strongest level in a year

China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in a…

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New Business

Will China’s digital yuan centre be a step forward for internationalisation?

China is stepping up efforts to encourage the use of its digital yuan in cross-border payments and overseas markets, offering…

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Hong Kong firms tap new Swap Connect rule to hedge yuan rate risks

Companies in Hong Kong moved swiftly on Monday to take advantage of a new Swap Connect rule that lets them…

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Kazakh-Hong Kong dual listing an ‘icebreaker’ for regional belt and road businesses

A recent dual-listing at the Astana International Financial Centre (AIFC) in Kazakhstan has been hailed as an “icebreaker” for Kazakh…

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