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China May Financial Data: Social Financing Stock Up 7.7% YoY, Credit Structure Undergoes Significant Shift
The People’s Bank of China released its May 2026 financial data today. At end-May, outstanding aggregate social financing stock reached RMB 458.81 trillion, up 7.7% year-on-year. Of this, RMB loans to
PBOC: China Jan-May Aggregate Social Financing Reaches RMB 17.48 Trillion, RMB Loans Increase by 9.11 Trillion Yuan
I. Social Financing Stock Up 7.7% Year-on-YearPreliminary data shows that China’s outstanding aggregate social financing stock stood at RMB 458.81 trillion at end-May 2026, up 7.7% year-on-year. Of th
RMB Appreciation No Barrier to Exports: A New Script for China's Exchange Rate
The global surge in artificial intelligence (AI) investment and enhanced industrial competitiveness are driving China's foreign trade to grow beyond expectations. As of May, China's monthly total impo
China’s Forex Reserves Hold Steady Above $3.4 Trillion as May Figures Extend Upward Trend
On June 7, the State Administration of Foreign Exchange (SAFE) released data showing that as of end-May, China’s foreign exchange reserves stood at $3,442.2 billion, an increase of $31.7 billion or 0.
UBS: Foreign Investors' Appetite for Chinese Assets Rises, Significant Room for Further Allocation Remains
At a recent media seminar, Hu Zhizhi, President of UBS Group China and Chairman of UBS Securities, and Chen Ge, Co-Head of Global Investment Banking at UBS Securities, stated that the allocation ratio
PBOC Adopts 'Peak-Shaving' Stance: 7-Day Reverse Repo Operations Hit Zero for Second Day
According to the People's Bank of China (PBOC), the volume of 7-day reverse repo operations conducted on June 4 stood at zero, based on demand from primary dealers in the open market. This marks the s
Xinwen Lianbo: Long-Term Foreign Capital Bullish on China, Continues Increasing Investment in Hard Technology
Recently, multiple international financial institutions have released positive outlooks on the Chinese economy, raising their allocations to Chinese tech companies and accelerating their investment de
U.S. Plans Additional Tariffs on Chinese Economies Citing ‘Forced Labor’; China’s Foreign Ministry Condemns Political Manipulation
On June 3, Foreign Ministry Spokesperson Mao Ning presided over a regular press conference. A Reuters reporter asked: The Trump administration has announced it will impose additional tariffs of 10% to
PBOC Reverse Repo Operations Drop to Zero: What’s the Signal? Experts Say Interbank Liquidity Too Loose, Aiming to Curb Idle Fund Circulation
Today, the People’s Bank of China’s 7-day reverse repo operations saw a rare drop to zero. In its morning announcement, the PBOC stated that based on demand from primary dealers in the open market, th
Offshore Yuan Overnight HIBOR Logs Biggest Surge Since February
The offshore renminbi (CNH) overnight Hong Kong Interbank Offered Rate (HIBOR) recorded its largest single-day increase since February, signaling tightening liquidity conditions in the CNH funding mar