Yuan

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Chinese yuan surges after Trump goes easy on China in inaugural address

The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his…

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New Business

China’s yuan on the rise in oil trade, but petrodollar here to stay: report

The expansion of China’s digital yuan and financial technology are helping to boost yuan settlements in the crude trade and…

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China ‘confident’ in 2025 economic rebound, Hong Kong is key: central bank chief

China has the confidence, capacity and tools to ensure its economy recovers and grows this year, the country’s central bank…

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To boost China’s yuan, central bank makes it easier for firms to borrow more foreign debt

China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as the country…

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Mainland Chinese buyers to continue driving Hong Kong housing demand in 2025, analysts say

Homebuyers from mainland China will continue to be a driving force in Hong Kong’s residential property market in 2025, after…

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China’s central bank rhetoric on yuan stability takes aim at depreciation risks

China’s central bank has signalled its resolve to stabilise the yuan’s exchange rate, with a stronger tone taken during its…

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China hits record panda bond issuance in 2024, with analysts bullish for 2025

The issuance of “panda bonds” – yuan-denominated debt securities from overseas institutions operating in China – hit a record high…

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Foreign tourist arrivals to China suddenly surge as visa relaxations fuel travel searches

The travel service provider said its North American site saw a 163 per cent surge in the first half-hour, while…

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US Fed’s hawkish rate-cut forecast slams China’s yuan

The offshore yuan weakened overnight and broke a key psychological level of 7.3 per US dollar, as the US Federal…

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New Business

Foreign investors gain new collateral options for China bond trades in January

Foreign investors can pledge their holdings of China government bonds and policy bank bonds as collateral for Northbound Swap Connect…

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