RMB Exchange Rate Attacks and Defeats Level 7.3

Entering the second half of 2024, the renminbi will continue to be under pressure in the foreign exchange market. On July 3rd, the offshore RMB/USD exchange rate fell below 7.31 during trading. Howeve ...

Accelerated interaction between domestic and foreign capital

Foreign funded institutions are rushing to seize opportunities. China's high-level financial opening up to the outside world is steadily advancing

At the end of June, Mizuho Financial Group of Japan announced that the China Securities Regulatory Commission had accepted its application to establish a securities company in China. If approved, Mizu ...

Huaneng Guicheng: Striving for "Industry Finance Synergy" Practice and Innovation, Striving to Create a High Quality Development New Road of "Industrial Central Enterprises Running Trusts"

In November 2008, with the support of the Guizhou Provincial Party Committee and Government, as well as the former China Banking Regulatory Commission, China Huaneng Group increased its capital and co ...

MLF policy interest rate color fading, interest rate corridor width will narrow

The President of the People's Bank of China, Pan Gongsheng, recently revealed at the 2024 Lujiazui Forum that in the future, it may be considered to clarify a certain short-term operating rate of ...

China Securities Regulatory Commission: will continue to maintain smooth channels for overseas listing

The exit mechanism of venture capital has always received attention from all sectors. Recently, the General Office of the State Council of China issued several policy measures to promote the high-qual ...

Some fund rates have been "broken" or "cut in half" by lowering fees, which "cheese" has been affected

As a major topic in the new era of public funds, fee reduction has received widespread attention in the industry. Recently, a new wave of fund fee reductions has emerged, with some fixed income and cu ...

Multiple banks run out of stock for medium and long-term large deposit certificates

Recently, multiple banks have taken steps to adjust the issuance of medium - and long-term large certificate of deposit products. After the suspension of the sale of three-year and five-year certifica ...