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2022/05/20 17:18
Spot USD/CNY expanded 938 bps to close at 6.6740 today (20th) as the pandemic situation in mainland China continued to de-escalate. As at 5:10 pm, the USD/CNY grew 388 bps in the night session, while the USD/CNH lifted 504 bps to post at 6.6789. The People's Bank of China (PBOC) announced today that, in May, China's loan...
2022/05/20 16:34
Data from Official Receiver's Office showed that 930 Bankruptcy Petitions had been presented in April 2022, 6.15 times higher MoM and 45% higher YoY, setting a two-year high. 389 Receiving or Bankruptcy Orders were made during the period, up 2.7 times MoM or down 14% YoY. 68 Compulsory Winding-up Petitions were presented, 8....
2022/05/20 15:50
The U.S. stock futures rallied 0.9%-1.5%. DJIA futures regained 270 pts or 0.9% to 31,472. S&P 500 futures and Nasdaq 100 futures likewise ascended 1.1% and 1.5%, to post at 3,939 and 12,055, respectively. Key European stock markets advanced in early session. Stoxx Europe 600 Index gained 1.1% to 432.64. DAX hiked 1.2% to 1...
2022/05/20 13:50
USD/ CNY and CNH zoomed past 6.7 altogether. USD/ CNY last printed at 6.6913, up 211 bps. USD/ CNH surged 336 bps to post at 6.6957.~AAStocks Financial NewsWeb Site: www.aastocks.com
2022/05/20 10:57
The government of Canada announced to ban Huawei and ZTE (00763.HK) from local 5G network building. A spokesperson for the Chinese embassy in Canada voiced serious concern and strong resentment at the move. The Chinese government has been asking companies to strike economic cooperation aboard in compliance with international rul...
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