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Posted 27/09/2024

Hang Seng Tech Index Surges 7% along with China’s Blue Chip Following Series of Stimulus Packages

The Hang Seng Tech Index experienced a significant increase of over 7% on Friday,...

PBOC
Posted 27/09/2024

China’s Central Bank Implements 50bps RRR Cut as Industrial Profit Plunges

China's central bank announced on Friday its decision to reduce the reserve requirement ratio...

Posted 26/09/2024

China Considers Injecting Top Banks with $142 Billion to Support Struggling Economy

China is weighing on injecting approximately 1 trillion yuan (equivalent to $142.39 billion) of...

Posted 26/09/2024

Beijing Rolls Yet Another Stimulus with Cash Handout for Extremely Poor Chinese

China's government just announced a one-time cash allowance for individuals in extreme poverty, following...

Posted 25/09/2024

Chinese Yuan Reaches 16-Month High Against US Dollar on Stimulus Measures

The Chinese yuan surged to its highest level against the U.S. dollar in 16...

Posted 24/09/2024

China’s CSI 300 Records Best Day in 4 Years After Policy Easing Measures

Mainland China's CSI 300 saw its most significant surge in over four years on...

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