Finance

China lowers MLF interest rate to reduce financing costs - China Finance News
Finance

China lowers MLF interest rate to reduce financing costs

China's central bank on Thursday lowered the medium-term lending facility (MLF) interest rate to decrease the borrowing costs of the real economy.
China's fiscal revenue down 2.8 pct in H1 - China Finance News
Finance

China's fiscal revenue down 2.8 pct in H1

China's fiscal revenue fell 2.8 percent year on year to 11.59 trillion yuan (US$1.62 trillion) in the first half of 2024.
China cuts benchmark lending rate LPR - China Finance News
Finance

China cuts benchmark lending rate LPR

China on Monday cut the market-based benchmark lending rate, in line with market expectations as authorities stepped up monetary support to shore up the economy.
China's central bank lowers collateral requirement for medium-term lending facility - China Finance News
Finance

China's central bank lowers collateral requirement for medium-term lending facility

China's central bank said on Monday that it will lower the collateral requirement for medium-term lending facility (MLF) loans starting from this month.
China to issue US$7.7b ultra-long special treasury bonds - China Finance News
Finance

China to issue US$7.7b ultra-long special treasury bonds

The bonds worth 55 billion yuan (US$7.7 billion) will be issued with a term of 30 years and an interest rate depending on competitive bidding.
China's yuan loans grow by 13.27 trillion yuan in H1 - China Finance News
Finance

China's yuan loans grow by 13.27 trillion yuan in H1

China's yuan-denominated loans rose by 13.27 trillion yuan (US$1.86 trillion) in the first half of the year, central bank data showed Friday.
China's foreign exchange reserves reach US$3.2224t - China Finance News
Finance

China's foreign exchange reserves reach US$3.2224t

China's foreign exchange reserves stood at US$3.2224 trillion at the end of June this year, official data showed Sunday.
Plenty of opportunities on China's stock market, says Invesco - China Finance News
Finance

Plenty of opportunities on China's stock market, says Invesco

China's economic growth remains optimistic, as does the current valuation of Chinese equities, a recent outlook released by investment management organization Invesco China says.
Lingang Group issues US$110 million overseas in social responsibility bonds - China Finance News
Finance

Lingang Group issues US$110 million overseas in social responsibility bonds

The bonds were listed on the Hong Kong Stock Exchange and the Luxembourg Stock Exchange, making them the first social responsibility bonds from China to be listed on the LuxSE.
Japanese yen falls past 160 against USD for 1st time since recent intervention - China Finance News
Finance

Japanese yen falls past 160 against USD for 1st time since recent intervention

The Japanese yen fell past 160 against the US dollar on Wednesday for the first time since late April, fueling expectations of another possible yen-buying intervention.
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