PBOC

China 10-year bond auction hits all-time demand record

China's benchmark 10-year sovereign bond auction on Wednesday drew the strongest demand ever recorded, with the bid-to-cover ratio reaching 7.23 — an all-time high — as investors rushed to lock in yields amid expectations of prolonged monetary easing and sluggish…

Beijing expands yuan liquidity, bond access in Hong Kong

Beijing and Hong Kong authorities on Tuesday announced a broad package of measures to strengthen Hong Kong's position as the leading offshore renminbi hub, expanding cross-border financial connectivity and enhancing the city's role in global currency, bond, and gold trading…

China emerges as volatility hedge as investors buy in

Global investors are reassessing Chinese assets as a buffer against volatility, as the country's bond market, currency, and equities break step with turbulent global trends driven by the Middle East conflict and AI-fuelled rallies elsewhere.

China’s PBOC makes largest gold purchase since 2023

The People's Bank of China added 480,000 troy ounces of gold to its reserves in June, its largest monthly purchase since late 2023, as the central bank took advantage of a sharp drop in bullion prices to accelerate its diversification…