Discover and read the best of Twitter Threads about #cn_update

Most recents (6)

🚨Iron ore and coke are plummeting 9% in China, and coking coal is down 6.45%, HRC and steel rebar futures are dropping more than 5%.
Crude oil is down 4.23% in Shanghai.
#China #futures #Ironore
#Ironore futures slumped as much as 5% in Singapore to hit $114 a ton, the lowest in six months.
Iron ore in Dalian drops to 760 yuan per ton, the lowest in a month.
#Glass futures rise 2% in Zhengzhou, and many glass manufacturers have raised their prices this weekend amid surging costs.
#China #futures
Read 8 tweets
#Breaking
China's central bank PBoC says to cut reserve requirement ratio (RRR) by 25 basis points for eligible financial institutions to support real economy.
#China $CNY $CNH $ASHR #CN_Update
#Breaking
PBoC's RRR cut to take effect from April 25 and release 530 billion yuan in long-term funds.
#China $CNY $CNH $ASHR #CN_Update
China's PBoC: Will prioritize stability, seek progress while maintaining stability, continue to implement prudent monetary policy, avoid avoid flooding economy with stimulus, and maintain reasonable liquidity.
#China $CNY $CNH $ASHR
pbc.gov.cn/goutongjiaoliu…
Read 4 tweets
Hang Seng Index Futures open up 5.47% or 1,130 to above 21,267.
🇭🇰 $HSI
Hang Seng Index opens up 6.7%, Tech Index rises 10.88%.
$XPEV, $BILI, $BIDU $JD up 15%, $BABA and JD Health up 14%
🇭🇰 #HongKong $HSI $HSTI Image
The mainland market is also up more than 1% on Thursday morning, spurred by the signals from China State Council's finance committee meeting and the pause of property tax trial yesterday
The property sector up 6.8%.
$SSE $SZSE

Image
Read 6 tweets
#CN_Update:
China's securities regulator CSRC says to promote implementation of new rules on overseas listing supervision of enterprises, support qualified enterprises to list abroad, and keep overseas listing channels unblocked.
#China $ASHR $KWEB $FXI
csrc.gov.cn/csrc/c100028/c…
China's CSRC: Short-term market volatility 'does not and will not change' long-term health trend of China's capital markets.
#China $ASHR $KWEB $FXI $CNY $CNH
China's CSRC: Stable operation of capital markets has a solid foundation as economy continues to recover, major macroeconomic indicators operate within a reasonable range, pro-stability policies remain, performance of listed firm are stable and improving.
#China $ASHR $KWEB $FXI
Read 5 tweets
#Breaking:
China mulls measures to jointly crack down on 'malicious short sellers': Chinese news outlet
#CN_Update #China $ASHR $KWEB $FXI $CNH
m.nbd.com.cn/articles/2022-…
Chinese regulators are considering measures to jointly crack down on malicious short-selling agencies and actively listening to opinions of listed real estate enterprises on resolving risks: sources familiar with discussion
#China $ASHR $KWEB $FXI $CNH #property
Zhang Ming, deputy director of the Institute of Finance, Chinese Academy of Social Sciences, said reasons behind recent stock sell-off are 'very complex' and urged relevant departments to adopt various measures to stabilize stock market ASAP.
#China $ASHR $KWEB $FXI $CNH
Read 4 tweets
JUST IN:
Tsingshan Group has reached an agreement with a consortium of hedge bank creditors on a standstill arrangement: official statement
#CN_Update #nickel #nickelsqueeze #Tsingshan
mp.weixin.qq.com/s/mvACfxfbOPF1…
Tsingshan Group: In the course of the standstill period, Tsingshan and the consortium banks will progress discussions in relation to a standby secured liquidity facility intended principally for Tsingshan’s nickel margin and settlement requirements.
#nickel #nickelsqueeze
Tsingshan Group: For the period of the standstill, the participating hedge banks agree not to close out positions against Tsingshan or to make further margin calls in respect of existing positions.
#CN_Update #nickel #nickelsqueeze #Tsingshan
Read 4 tweets

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