China Stock Market

China infectious disease spike: health authorities recommend reducing large gatherings

• National Health Commission mandated medical institutions to expand services.

China November Caixin Manufacturing PMI: 50.7 (vs. expected at 49.8)

• China Caixin Manufacturing PMI exceeds expectations, marking a bounce back into expansion

PBOC sets USD/ CNY reference rate for today at 7.1104 (vs. estimate at 7.1458)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.1458 – Reuters estimate

• PBOC CNY reference rate setting for the trading session ahead.

China's Powerlong Real Estate has defaulted on its debt payment

• The default continues to raise concerns about the stability of the Chinese property market

China November PMIs: Manufacturing 49.4 (expected 49.7) Services 50.2 (expected 51.1)

PBOC sets USD/ CNY mid-point today at 7.1018 (vs. estimate at 7.1273)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.1273 – Reuters estimate

• PBOC CNY reference rate setting for the trading session ahead.

PBOC sets USD/ CNY mid-point today at 7.1031 (vs. estimate at 7.1340)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.1340 – Reuters estimate

• PBOC CNY reference rate setting for the trading session ahead.

PBoC Governor Pan says China's economy continues to gain momentum, inflation bottoming out

• PBoC Governor Pan expresses confidence in China's sustainable growth in 2024

Beijing Stock Exchange shaken as index plummets 6%: major shareholders urged to hold

• Beijing's Stock Exchange suffers a 6% drop as major shareholders are advised to refrain from selling

PBOC sets USD/ CNY central rate at 7.1132 (vs. estimate at 7.1432)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.1432 – Reuters estimate

Beijing exchange suspends share reduction by major shareholders of listed companies

• Said its to avoid dulling market excitement