EconomyFrom ‘national team’ intervention to Yulan bonds: 5 figures investors are watching
China’s stock market entered a bear market this week, prompting the state-backed “national team” to put about 170 billion yuan (US$25.52 billion) into ETFs. Standard Chartered’s third-quarter net profit rose 46 per cent, beating forecasts, while the Fed held rates steady and Hong Kong’s base rate stayed unchanged. A Yulan offshore yuan bond structure debuted in Dubai, as Hong Kong residential rents continued to…
From ‘national team’ intervention to Yulan bonds: 5 figures investors are watching
Economy