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PBoC will carry out a reverse repo of RMB 20 bln, and RMB 30 bln reverse repo will due today, bringing a net return of RMB 10 bln.
As of 23 Sep, the Shanghai Stock Exchange reported a financing balance of RMB 550.83 bln, an increase of RMB 778 mln from the previous trading day; the Shenzhen Stock Exchange realized a financing balance of RMB 40.94 bln, up RMB 1.96 bln from the previous trading day.
National Development and Reform Commission (NDRC) agrees Chinalco to issue RMB 10 bln of bonds, of which RMB 5 bln will be used for mining and RMB 5 bln for supplementing operating capital.
HSBC lowered its US dollar savings rate from 0.25% to 0.10%.
CITIC Trust is approved to increase its registered capital from RMB 10 bln to RMB 11.276 bln.
Industrial and Commercial Bank of China London Branch issued GBP 600 mln of bonds on the London Stock Exchange yesterday, making it the first bank in China to issue sterling bond.
Tencent today repurchased 110,000 shares at a cost of HKD 37.64 mln.
The trade volume of Sci-Tech Innovation Board was less than RMB 5 bln, the lowest since its opening.
As of 16 Sep, the Shanghai Stock Exchange’s financing balance reached RMB 549.03 bln, up RMB 3.055 bln from the previous trading day. Shenzhen Stock Exchange reported a financing balance of RMB 405.643 bln, up RMB 4.762 bln from the previous trading day.
Foreign investors had net buying of RMB 910 mln of A-shares through mainland stock connect for 12 consecutive trading days.
People's Bank of China announced that the total assets of financial institutions at the end of the second quarter of 2019 reached RMB 308.96 trln.
The earning ratio of China’s 10-year treasury bonds rose 3 basis points to 3.08%, the highest since 2 Aug.
In the first eight months of this year, Shanghai’s newly-established foreign capital projects increased 47.8% YoY.
The daily financing balance of the Shanghai Stock Exchange rose 0.1% to RMB 540.98 bln.
The Shenzhen Stock Exchange Index rose 2%, reaching 9900 points, a four-month high.
Huayi Brothers International Investment Limited plans to transfer its 243,811,232 shares of GDC Technology Limited, accounting for 90.5% of the total issued shares of GDC Company, to Glena Holdings at a transfer price of USD 55 mln.
TCL Group is reported to have spent RMB 1.624 bln to repurchase 3.53% of its shares.
Tencent Holdings repurchased 110,000 of its shares.
China’s central bank confirmed not to resume reverse repo operation today, with another RMB 60 bln due.
Enlight Media reports that Hangzhou Ali Venture Capital, a shareholder holding 8.78% of the shares, plans to reduce its holdings by no more than 2%.
Shanghai Stock Exchange (SSE) financing balance rose 0.3% to RMB 540.26 bln in the previous day.
King Soft share price rose 13%, the biggest increase since March.
The shares price of Pinduoduo rose 8.66% on Thursday, surpassing Baidu in terms of market value.
China’s 10-year treasury bond futures rose 0.41%, the biggest increase since August 15.
Shares in Tencent Music, the streaming and entertainment arm of tech giant Tencent Holdings, fell 6.82 percent to USD 12.57 yesterday.
Aug 26, the net northbound outflow reached RMB 3.034 bln, a new record high since Aug 7, among which the net outflow via Shanghai Stock Exchange was RMB 2.35 bln.
As of last Friday, the balance of margin trading and short selling of A-shares totaled RMB 915.619 bln, a decrease of RMB 880 mln from RMB 916.499 bln in the previous trading day.
The turnover of the STAR market hit nearly USD 84.6 bln in its first trading month, making up about 15.7% of the Shanghai Stock Exchange’s total turnover.
Both the onshore and offshore RMB to American dollar rates fell, despite the PBoC lowering the central parity rate by 2 bps to support RMB.
Cryptocurrency platform Tether looks to capitalize into China’s increasing demand for crypto trading and stablecoin by launching the ‘CNHT’, a new offshore stablecoin pegged to the Chinese yuan.