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Economic News

Economic Watch: Sibos Conference In Beijing Reveals China’s Financial Openness

BEIJING, Oct. 22 (Xinhua) -- The Swift International Banker's Operation Seminar 2024 (Sibos 2024) opened Monday in Beijing, a milestone demonstrating the country's openness...
Economic News

Chinese Yuan Weakens To 7.1223 Against USD Tuesday

BEIJING, Oct. 22 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 241 pips to 7.1223 against the...
Economic News

Chinext Index Opens Lower Tuesday

BEIJING, Oct. 22 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was down 0.22 percent to open at 2,205.4 points...
Economic News

Chinese Shares Open Lower Tuesday

BEIJING, Oct. 22 (Xinhua) -- Chinese stocks opened lower on Tuesday, with the benchmark Shanghai Composite Index down 0.13 percent to open at 3,263.82...
Economic News

China’s Central Bank Conducts First SFISF Operation

BEIJING, Oct. 22 (Xinhua) -- The People's Bank of China (PBOC) has conducted the first operation of the Securities, Funds and Insurance companies Swap...
Economic News

Market Exchange Rates In China — Oct. 22

BEIJING, Oct. 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies...
Economic News

China’s Benchmark Interbank Gold Prices Higher Tuesday

BEIJING, Oct. 22 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were higher Tuesday, according to the China Foreign Exchange Trade System....
Economic News

China’s Interbank Treasury Bond Index Opens Lower Tuesday

BEIJING, Oct. 22 (Xinhua) -- China's interbank treasury bond index in net price opened at 1,045.08 points Tuesday, lower than the previous close of...
Economic News

China’s Central Bank Conducts Reverse Repos Tuesday

BEIJING, Oct. 22 (Xinhua) -- China's central bank conducted 158.4 billion yuan (about 22.24 billion U.S. dollars) of seven-day reverse repos at an interest...
Economic News

Chinese Banks Report Forex Settlement Deficit In First Three Quarters

BEIJING, Oct. 22 (Xinhua) -- China's commercial banks saw a forex settlement deficit of 121.3 billion U.S. dollars in the first three quarters of...
Economic News

China’s Forex Market Turnover Up 10.1 Pct In First Three Quarters

BEIJING, Oct. 22 (Xinhua) -- China's foreign exchange market saw a turnover of 30.27 trillion U.S. dollars in the first three quarters of this...
Economic News

HKSAR To Play Bigger Part In Further Opening Of Mainland Capital Market: HKSAR Chief Executive

HONG KONG, Oct. 21 (Xinhua) -- The Hong Kong Special Administrative Region (HKSAR) government will continue to optimize connectivity schemes between the capital markets...
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