🇨🇳 China · Finance & markets
96 storiesChina's ChiNext and STAR 50 fall more than 3% in October 13 morning trade
China's ChiNext and STAR 50 indices fell more than 3% in morning trading on October 13, with semiconductor and computing-hardware shares among the weakest sectors. The decline followed an October 12 session in which ChiNext closed down 2.61…
*ST Konka A receives Shenzhen exchange decision to terminate its share listing
*ST Konka A (*ST康佳A, 000016.SZ) said on October 16 that it had received a decision from the Shenzhen Stock Exchange to terminate the listing of its shares. The company said its shareholders' meeting had resolved to voluntarily end the listi…
China's central bank seeks comment on draft rules for interbank bond issuance
The People's Bank of China released draft Rules for the Administration of Bond Issuance in the Interbank Bond Market for public comment on October 16. The 28-article draft would ban issuers from subscribing to their own bonds, bar underwrit…
*ST Sitong to resume trading on October 20 with delisting risk warning removed
*ST Sitong (603838.SH) said its shares will be suspended for one day on October 19, 2026 and will resume trading on October 20 with the delisting risk warning removed. The stock's short name will change from "*ST Sitong" (*ST四通) to "Sitong …
US 10-year Treasury yield falls to 5.08%, CLS reports
The US 10-year Treasury yield fell to 5.08% on October 15, CLS reported. Its latest brief put the decline at 11 basis points.
IMF links won's gain against yen more to AI boom than interest-rate gap
The IMF said the divergence between the Korean won and Japanese yen may owe more to the AI boom than to interest-rate differences, Chinese outlets reported. Reports citing Xinhua Finance said the won appreciated 11% against the yen between …
China's central bank says it does not seek trade advantage through yuan devaluation
The People's Bank of China published a statement of its policy position on the yuan exchange rate on October 8, saying China has no need and no intention to gain a trade advantage through depreciation and has never carried out competitive d…
China's central bank adds to gold reserves for 23rd straight month
China's gold reserves stood at 77.47 million ounces, or about 2,409.59 tonnes, at the end of September, up 740,000 ounces (about 23.02 tonnes) from 76.73 million ounces (about 2,386.57 tonnes) at the end of August, according to figures carr…
Euro falls to 17-month low as French fiscal and political worries weigh
The euro fell to a 17-month low against the dollar on 5 October, touching 1.1161 per dollar, its lowest since May 2025, according to CLS, Jiemian and Huxiu. The outlets linked the slide to concern over France's fiscal position and political…
African Union launches Africa's first credit rating agency in Mauritius
The African Union launched the African Credit Rating Agency (AfCRA) on October 7 in Port Louis, Mauritius, where the agency is headquartered. China News Service described it as Africa's first credit rating agency. African Union Commission C…
China's central bank skips 7-day reverse repo, injects 606 billion yuan overnight
China's central bank said it conducted no 7-day reverse repurchase operations on October 8, 2026, citing the demand of primary dealers in open market operations. It said it carried out 606 billion yuan of overnight reverse repo operations t…
Yuanjie Technology shares hit daily limit down as CPO and chip stocks slide
Shares of Yuanjie Technology (源杰科技) fell more than 15% in early trading on October 8 and were at their daily limit down by the midday break, outlets reported. Optical-chip and CPO concept stocks fell together, with Changguang Huaxin (长光华芯) …
Yuan central parity rate against the dollar set at 6.7367, weaker by 16 points
The yuan's central parity rate against the US dollar was set at 6.7367 on October 8, CLS and 36Kr reported. The rate was lowered by 16 points, and Yicai described the move as a 16-basis-point weakening of the yuan.
Hang Seng Tech Index to expand to 50 constituents under six-part revamp
Hang Seng Indexes Company announced six revisions to the Hang Seng Tech Index's compilation method, including raising the number of constituents from 30 to 50. The requirement that candidates belong to designated industries is dropped, six …
China's main stock indexes open mixed on Oct. 8; shipping up, property down
China's three main stock indexes opened mixed on October 8. The Shanghai Composite fell 0.08% to 3,838.98, while the Shenzhen Component rose 0.07% and the ChiNext index gained 0.17%, Caixin reported. Shipping stocks rose early and real esta…
PBOC says blaming the renminbi for global imbalances shirks responsibility
The People's Bank of China on October 8 released a policy position on the renminbi exchange rate, saying global economic imbalances are not the sole responsibility of surplus or deficit countries and need a joint response. It said deficit c…
Hang Seng Tech index falls 1% on October 7 and again on October 8
Hong Kong's Hang Seng Tech index fell 1% to 4,180.65 points on October 7, CLS and Jiemian reported. On October 8 it fell 1% again, which CLS put at 4,152.45 points, with 36Kr, Yicai and Jiemian also reporting the 1% drop.
Nasdaq hits intraday record high, approaching 27,400 points
The Nasdaq Composite set a new intraday record on 5 October, at one point approaching 27,400 points, according to CLS, Yicai and Jiemian. CLS and Jiemian said SpaceX rose more than 5%, Meta gained over 2%, Tesla and Microsoft rose nearly 2%…
China plans 150 billion yuan special treasury bond issue for financial institutions
China's Ministry of Finance planned to issue the first tranche of its 2026 special treasury bonds for capital injection into central financial institutions on October 8. The five-year fixed-rate coupon bonds have a total face value of 150 b…
UK 30-year gilt yield rises above 6%, highest since 1998
The yield on the UK 30-year government bond rose to 6.034% on October 7, its highest level since 1998, after gaining more than 12 basis points that day, CLS reported. Yicai and Jiemian, citing CCTV News, linked the rise to higher oil prices…