 China Yuan Up On Lower Fixing, Global Dollar Weakness  |
Vs Parity Pvs
USD/CNY Central Parity 6.7838 6.7973
USD/CNY OTC 0730 GMT 6.7884 +0.07% 6.8038
High 6.7890 +0.08%
Low 6.7855 +0.03%
China's yuan rose against the U.S. dollar Monday afternoon after the |
| HK Closing Gold: US$1248.80-1249.50/Oz; HK$11558/Tael |
Previous Close: US$1251.90-1252.60/Oz; HK$11590/Tael (Tael = 1.1913 ounces) Source: Thomson Reuters
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| HK Dollar Up Late On Improving Risk Appetite; To Stay Strong |
Latest Change
USD/HKD Spot 7.7686 -0.0049
1-year USD/HKD Forward* -180 -7
Overnight Hibor 0.06% Unchanged
1-month Hibor 0.11% Unchanged
3-month Hibor 0.21% Unchanged
1-year Hibor 0.71% +2 bps
2-year EF Note 0.46% +1 bp |
| Kia Motors recalls 18,147 vehicles in China |
| Kia Motors Co. and its Sino-South Korean joint venture, Dongfeng Yueda Kia Automobile Co., have recalled 18,147 vehicles sold in China on Monday due to faulty wiring in the interior lighting panels that might catch fire, China's quality watchdog anno |
| China unveils plans to encourage industrial relocations |
| China's government has unveiled plans to encourage low-end industries to relocate from the country's coastal areas to inland provinces, as part of its efforts to accelerate industrial restructuring and the transformation of the nation's economic grow |
China's domestic trade to top $2 trillion this year: senior official  |
China's broad market and potential for development will see the nation's domestic market grow to 2 trillion U.S. dollars this year, a senior trade official said here Monday.
Chong Quan, Deputy International Trade Representative of China, was s |
| China's industries face merger, acquisition push |
China's government has laid out plans to promote industrial mergers and acquisitions in a bid to accelerate economic restructuring and increase industrial competitiveness.
The sectors involved include automobiles, steel, cement, machinery, rar |
| China's stocks close higher Monday, led by heavyweights |
Chinese equities closed up Monday with the key Shanghai stock index at it highest in almost four months on a global market rally and good performances in the banking, iron and steel sectors.
Shanghai-based Baoshan Iron & Steel Co. (Baostee |
| Hong Kong stocks close 1.83% higher |
Hong Kong stocks closed up 384.27 points, or 1.83 percent, at 21,355.77 on Monday.
Turnover totaled 70.25 billion HK dollars compared with Friday's 72.65 billion HK dollars. (1 U.S. dollar equals 7.78 HK dollars)
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| ChiNext Index closes down |
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, fell 2.50 percent, or 25.94 points, to close at 1,010.76 on Monday.
The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized |
| Shanghai stock indices close mixed |
China's benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,696.25 Monday, up 40.86 points, or 1.54 percent, from the previous close.
A Share Index: 2,825.03 points, up 43.05 points, or 1.55 percent
B Share Ind |
| Shenzhen stock indices close higher |
The Shenzhen Component Index on the Shenzhen Stock Exchange closed higher Monday to end at 11,656.08 points, up 188.99 points, or 1.65 percent.
A Share Index: 12,647.75 points, up 205.07 points, or 1.65 percent;
B Share Index: 5,256.90 |
| China stock index futures close higher |
China's stock index futures closed higher Monday with the contract for September, the most actively traded, rose 2.31 percent from the previous trading day to end at 2,992.2 points.
The October contract climbed 2.30 percent to 3,004.2 points. |
| China's domestic trade to top $2 trillion this year: senior official |
China's broad market and potential for development will see the nation's domestic market grow to 2 trillion U.S. dollars this year, a senior trade official said in Beijing Monday.
Chong Quan, Deputy International Trade Representative of China, |
| Beijing tightens mortgage lending again |
| Beijing's financial institutions have tightened mortgage lending once again, and 80 percent of banks have canceled the 30 percent discount on the interest rates of the mortgages for first-time home buyers by reducing the interest discount rate to abo |
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