China Stock Market

PBOC sets USD/ CNY reference rate for today at 7.1020 (vs. estimate at 7.1906)

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

China's Economic Struggles Revealed: Two Sessions Insights

• Discover the truth bomb buried in China's Two Session report

PBOC is expected to set the USD/CNY reference rate at 7.1906 – Reuters estimate

• The actual rate will be around 800 pts or so lower as the Bank continues to prop up the yuan

Chinese media headline: "China’s top advisory body signals economy is its No 1 priority"

• Chinese media reports on upbeat economic outlook ahead of annual political conferences

China Commerce Min to assist firms expand imports amid efforts to boost domestic demand

• Statement from China's Commerce Ministry at the conclusion of a two-day national trade work conference

China's Two Sessions 2024: Economic Strategy awaited

• Begins Monday

China Caixin Manufacturing PMI for February 50.9 (expected 50.6)

China February Manufacturing PMI 49.1 (expected 49.1)

• Non-manufacturing 51.4, prior 50.7

PBOC sets USD/ CNY reference rate for today at 7.1059 (vs. estimate at 7.2011)

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

PBOC is expected to set the USD/CNY reference rate at 7.2011 – Reuters estimate

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

Reviving China's Economy: UBS Recommendations Unveiled

• UBS chief China economist

China stocks rebound strongly after yesterday's rout

• Shanghai Comp up 1.3%

Hong Kong will cancel all demand side property cooling measures

• Hong Kong boosting the local property sector by removing tight restrictions

China developer Country Garden will fight a liquidation petition filed against it

• Chinese equity markets hold steady amid uncertainties.

PBOC sets USD/ CNY mid-point today at 7.1075 (vs. estimate at 7.2023)

• People's Bank of China continues to prop up the failing yuan