China rolls out 800 billion yuan funding schemes to bolster stock market
CHINA’S central bank kicked off two funding schemes on Friday (Oct 18), that will initially pump as much as 800 ...
Tag: Yuan
Citic Securities is the first firm to tap China’s 500 billion yuan swap facility, media reports
CHINA’S Citic Securities has been given the nod to obtain 10 billion yuan (S$1.8 billion) in liquid assets from a ...
Yuan drags Asian currencies as China’s spending plans disappoint
CHINA’S onshore yuan had its worst day in more than a year after a week-long break, fuelling a broader weakening ...
Nio China unit to get 13.3 billion yuan from parent, investors
CHINESE electric vehicle (EV) maker Nio Inc plans to pump in 13.3 billion yuan (S$2.4 billion) into its China unit ...
LG Display to sell stake in its Chinese LCD plant to TCL CSOT for 10.8 billion yuan
SOUTH Korea’s LG Display said on Thursday (Sep 26) it had agreed to sell its stake in its large liquid ...
Retailer Miniso to buy stake in China’s Yonghui for 6.27 billion yuan
LOW-COST retailer Miniso Group Holding plans to acquire a significant stake in supermarket chain operator Yonghui Superstores for 6.27 billion ...
China merges two brokerages to create 1.6 trillion yuan giant
CHINA is combining two of its largest state-backed brokerages to create a new behemoth as it seeks to consolidate the ...
China merges two brokerages to create 1.6 trillion yuan giant
CHINA is combining two of its largest state-backed brokerages to create a new behemoth as it seeks to consolidate the ...
Yuan hits strongest in more than a year as flows offset fundamentals
THE Chinese currency extended a recent advance to levels unseen in more than a year, as traders mulled signs of ...
Yuan carry trade can prosper even after yen version collapsed
The hugely popular yen carry trade crashed and burned this month as Japan’s currency surged. A less well-known version of ...
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