The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.

It will broaden overseas investment channels for mainland institutional investors, a DBS managing director said. DBS Hong ...

China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing ...

People’s Bank of China governor Pan Gongsheng said during a 20-minute speech at the annual Asian Financial Forum in Hong Kong. Beijing could also adjust and increase fiscal spending, he said.

The People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) will offer a 100 billion yuan (US$13.6 billion) liquidity facility for banks to help their customers obtain yuan ...

China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity.

Chief Executive John Lee Ka-chiu also told the Asian Financial Forum on Monday that the city would continue to be the global ...

The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening offshore renminbi ...

Pan Gongsheng, governor of the People's Bank of China, said the central bank will apply various tools such as interest rates ...

(Bloomberg) -- China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China ...

The People's Bank of China (PBOC), China's central bank, on Monday announced a series of measures to reinforce Hong Kong's status as an international financial center. The PBOC is working closely ...