(China Knowledge) – Half hour into trading Nikkei 225 was down 29 points at 19494.88 as at 08:30 BJT, the same
time, Korea KOSPI up 2.1 points to 2152.56.
Last trading day Shanghai Composite
Index closed at 3268.94, up 0.84%, the Shenzhen Component Index was 10624.42,
up 0.77%, Hang Seng Index increased 2.08% to 24288.28.
As of last Friday, outstanding margin trading and stock lending facilities
for SSE and SZE totaled RMB 532.83 billion
and RMB 383.76 billion, respectively.
Today's market highlights:
- China's non-financial
ODI down 52.8% YoY to RMB 92.42 billion in the first two months of this year,
said the Ministry of Commerce.
- According to China's MoC, China's utilized FDI hit
RMB 58.59 billion in Feb, up 9.2% from a year earlier.
- The deficit of China's settlement of foreign
exchange reached RMB 69.4 billion (US$ 10.1 billion) in Feb, narrowed from an
RMB 107.7 billion deficit in Jan, said the SAFE.
- The PBoC
raises short-term lending facility (SLF) interest rates for the third time
since the new year. Overnight rates were adjusted up 20 bps to 3.30%, while 7
day and 30 day rates were marked up 10 bps to 3.45% and 3.8% respectively.
coal output declined 1.7% YoY to 510
million tons in Jan-Feb, while its crude oil output down 8% to 31.44 million
tons in the period.
RMB against the USD closed at 6.9003 at BJ
closing time yesterday, an increase
of 0.19% from the previous trading day.
RMB against the USD closed at 6.8703 at NY
closing time, a decrease
of 0.33% from the previous trading day.
- The overnight Shibor rate up 5.41 bps to 2.441%
yesterday, while 7-day Shibor rate and 3-month Shibor rate up 3.78 bps and 3.34
bps to 2.6938% and 4.3267%, respectively.