PBOC could mull letting yuan go without huge crash, survey shows
CHINA could let its tight grip on the yuan go without triggering a sustained market disruption, according to the majority ...
Tag: Yuan
Cash is leaving China again, pressuring yuan
A SLIDING yuan and extensive outflows of cash from the mainland into Hong Kong show China’s domestic investors are shelving ...
Fintech giant Ant Group spends record 21.2 billion yuan on research
ANT Group spent a record 21.2 billion yuan (S$4 billion) on research last year as the fintech giant increased its ...
Mapletree Logistics Trust to sell Xi’an subsidiary for 70.5 million yuan
MAPLETREE Logistics Trust : M44U 0% announced the divestment of its entire equity interest in its wholly foreign-owned enterprise, Mapletree ...
China’s Space Pioneer raises 1.5 billion yuan to fund development of reusable rockets
BEIJING-BASED rocket developer Space Pioneer said on Thursday (Jun 6) that it had completed more than 1.5 billion yuan (S$280 ...
Sinopec unit agrees 7.956 billion yuan deal to build gas pipelines for Saudi Aramco
A SINOPEC service unit said on Thursday (Jun 6) it has signed a 7.956 billion yuan (S$1.5 billion) deal to ...
China creates 344 billion yuan chip fund to fuel self-resilience
CHINA has set up the country’s largest-ever semiconductor investment fund to propel the development of the domestic chip industry, the ...
China’s 3.9 trillion yuan deposit exodus supercharges rally in bonds
CHINA’S efforts to bolster economic growth by reducing the allure of bank deposits has driven a record exodus from cash, ...
Hong Kong officially launches pilot for digital yuan payments
HONG Kong launched a pilot programme enabling digital yuan payments through major Chinese banks, the first example of China’s currency ...
China megabanks kick off 60 billion yuan loss-absorbing bond sales
TWO of China’s biggest state banks will sell a combined 60 billion yuan (S$11.2 billion) of total loss-absorbing capacity (TLAC) ...
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