China Stock Market

PBoC sets USD/CNY mid-point at 7.1036 (vs exp. 7.1996)

No rate cut expected from the People's Bank of China in February

• MLF setting expected on February 18, LPRs on February 20

China is encouraging banks and local business vendors to accept foreign payment cards

Mainland Chinese stock markets will be closed at the end of today, reopen February 18

• China celebrates the Lunar New Year with a week-long holiday

Data from China today confirmed higher interest rates in January. Here's how.

• We are gonna have to keep this on the down low so the bottom pickers in Chinese stocks don't get (even more) worried, OK?

China January CPI +0.3% m/m (expected +0.4%), with y/y remaining in deflation at -0.8%

PBOC sets USD/ CNY central rate at 7.1063 (vs. estimate at 7.1911)

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

PBOC is expected to set the USD/CNY reference rate at 7.1911 – Reuters estimate

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

China January inflation data due today - the domestic economy is grappling with deflation

• JP Morgan analysis of Chinese deflation

China stocks climb but the clock continues to tick on rescue measures

• How much is valuation? How much is the expectation that help is coming?

Chinese President Xi JInping to discuss stock market with regulators

• The China Securities Regulatory Commission plan to update top leadership on market conditions and initiatives -- report

China stocks open higher but clock ticks on rumored 2 trillion yuan rescue package

• Large cap China stocks lead the way

China sovereign wealth fund vows to further increase ETF holdings

• Multiple reports from Central Huijin

Chinese stock markets continue to get slammed lower

• Vague promises of support by authorities are being ignored

China Caixin Services PMI for January 52.7 (prior 52.9)