China To Promote Government Investment Funds
Jan-08 01:40
China has issued its first national-level guidance to promote the development of government investment funds, aiming to support innovation and entrepreneurship with market-oriented approaches, Shanghai Securities News reported. The guidance said it is necessary to set the duration of government investment funds, develop it as long-term and patient capital while encouraging the participation of social security and insurance funds, as well as increase government’s investment ratio for venture capital funds to boost market confidence, the newspaper said.
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CNY: CNH: USD/CNY Fixing Lower than Market Estimates.
Dec-09 01:39
- The USD/CNY fix printed at 7.1870, versus a Bloomberg consensus of 7.2614.
- Today's fixing is 744pips stronger than estimates.
- USD/CNH is trying to drift higher in the first part of today’s trading, as broader USD sentiment recovers some ground. Opening at 7.2833.
MNI: CHINA NOV CPI +0.2% Y/Y VS MEDIAN +0.4%; OCT +0.3%: NBS
Dec-09 01:33
- CHINA NOV CPI +0.2% Y/Y VS MEDIAN +0.4%; OCT +0.3%: NBS
- CHINA NOV CPI -0.6%M/M VS -0.3% M/M OCT
- CHINA NOV FOOD PRICES +1.0% Y/Y VS +2.9% Y/Y OCT
- CHINA NOV NON-FOOD PRICES +0.0% Y/Y VS -0.3% Y/Y OCT
- CHINA NOV PPI -2.5% Y/Y VS MEDIAN -2.8%; OCT -2.9%: NBS
- CHINA NOV PPI +0.1% M/M VS -0.1% M/M OCT
MNI: CHINA PBOC CONDUCTS CNY47.1 BLN VIA 7-DAY REVERSE REPOS MON
Dec-09 01:28
- CHINA PBOC CONDUCTS CNY47.1 BLN VIA 7-DAY REVERSE REPOS MON
