pboc

The offshore tender of six-month bills will be launched on January 15 via the HKMA's Central Moneymarkets Unit and comes with the currency under pressure.

Outstanding mortgage rates for individual borrowers will be cut by 0.5%, potentially helping around 50 million households, while the reserve requirement ratio (RRR) for most banks will also be cut by 0.5%.

HKMA and the PBOC to further support the expansion of use cases of the digital yuan in Hong Kong, targeting local consumers and travellers.

Pan Gongsheng is expected to further reform China’s capital markets.

The new China-Singapore Green Finance Taskforce is expected to facilitate easier access to green bonds in both markets through stock exchange connections and digital trading.

Hong Kong-based Dr. Xiangrong Yu takes on responsibility for the bank’s views on China’s economy and policy. He shares with FA his thoughts on last week’s move by the PBOC’s to offer a RMB 1 trillion fiscal boost, as well as his concerns around inflation in 2H22.

Addition could potentially bring as much as $150 bln in inflows into onshore government bonds, CSOP Asset Management says

The PBOC's plans to issue a cryptocurrency to replace fiat currency is seen as a move to regulate cash flow and to clamp down further on shadow banking. A policy adviser also couldn't resist a swipe at Facebook's Libra.

Even though there are no unified standards in Asia, companies like ICBC and Korea Electric Power Corporation are issuing green debt.