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Hong Kong's Offshore RMB Ecosystem Keeps Improving as Policy Implementation Accelerates

Hong Kong's Offshore RMB Ecosystem Keeps Improving as Policy Implementation Accelerates

The Hong Kong Securities and Futures Commission (SFC) recently unveiled a strategic action agenda aligned with the Hong Kong Special Administrative Region's first five-year economic and social develop

2026-09-28
RMB Charts an Independent Path Against the Dollar: How Will the Yuan Play Out in the Fourth Quarter?

RMB Charts an Independent Path Against the Dollar: How Will the Yuan Play Out in the Fourth Quarter?

After the Federal Reserve delivered its rate hike, the dollar index rebounded and most non-US currencies came under pressure. Against a backdrop of a stronger dollar and a wider China-US rate differen

2026-09-28
All Three RMB Exchange Rate Indexes Rise Together, with a Modest Q4 Strengthening Seen for the Yuan

All Three RMB Exchange Rate Indexes Rise Together, with a Modest Q4 Strengthening Seen for the Yuan

Xinhua Finance, Shanghai, September 28 (Ge Jiaming) — Data released by the China Foreign Exchange Trade System (CFETS) show that all three RMB exchange rate indexes rose in the week ending September 2

2026-09-28
Cross-Border Finance Breakthroughs Land in Force: Offshore RMB FX Trading, Digital Yuan Payments and Cash Pooling Advance in Tandem

Cross-Border Finance Breakthroughs Land in Force: Offshore RMB FX Trading, Digital Yuan Payments and Cash Pooling Advance in Tandem

Since September 2026, China's cross-border finance sector has witnessed a series of new developments.A review by Securities Times of China (Quanshang China) reporters shows that, from the offshore ren

2026-09-26
CSC Financial Chief Economist Huang Wentao: RMB Asset Revaluation and Investing in China Are Certainties

CSC Financial Chief Economist Huang Wentao: RMB Asset Revaluation and Investing in China Are Certainties

Shanghai Securities News (Reporter Yan Liumeng) - Huang Wentao, Chief Economist of China Securities Co., Ltd. (CSC Financial), said on September 24 that the current global macro landscape presents "fi

2026-09-25
PBOC Q3 Monetary Policy Committee Meeting: Comprehensively Employ and Timely Adjust Policy Tools to Keep Liquidity Ample

PBOC Q3 Monetary Policy Committee Meeting: Comprehensively Employ and Timely Adjust Policy Tools to Keep Liquidity Ample

The Monetary Policy Committee (MPC) of the People's Bank of China (PBOC) held its third-quarter meeting of 2026 (the 114th in total) on September 19.The meeting noted that since the beginning of this

2026-09-24
PBOC to Conduct Overnight Reverse Repo Operations from September 28 to October 8, Raising Daily Cap to 1 Trillion Yuan

PBOC to Conduct Overnight Reverse Repo Operations from September 28 to October 8, Raising Daily Cap to 1 Trillion Yuan

The People's Bank of China (PBOC) is tending to cross-holiday funding needs.On September 23, the PBOC said in an open market operations announcement that, to better match the banking system's short-te

2026-09-23
Foreign Banks Land Cross-Border Cash Pooling Deals in Force One Week After Nationwide Rollout, as China Deepens High-Level Financial Opening-Up

Foreign Banks Land Cross-Border Cash Pooling Deals in Force One Week After Nationwide Rollout, as China Deepens High-Level Financial Opening-Up

On September 21, the People's Bank of China (PBOC) held a symposium with foreign financial institutions to hear their opinions and suggestions, and to study how to further improve the business environ

2026-09-22
PBOC Holds Symposium with Foreign Financial Institutions, Pledges to Advance High-Level Financial Opening-Up and RMB Internationalization

PBOC Holds Symposium with Foreign Financial Institutions, Pledges to Advance High-Level Financial Opening-Up and RMB Internationalization

On September 21, the People's Bank of China (PBOC) held a symposium with foreign financial institutions to hear their opinions and suggestions and to study further improving the business environment a

2026-09-21
Goldman Sachs Chief China Economist Hui Shan: Strong Exports Not a Price-for-Volume Trade, RMB to Appreciate 'Slowly' Against the Dollar

Goldman Sachs Chief China Economist Hui Shan: Strong Exports Not a Price-for-Volume Trade, RMB to Appreciate 'Slowly' Against the Dollar

On September 18, the RMB exchange rate reached an important breakthrough, with both the onshore and offshore yuan breaking above the 6.7 mark against the US dollar. So far this year, the yuan has appr

2026-09-20