ISHRS MSCI China

CATL partners with Shanxi to build aluminum-lithium dual-driven new energy industrial cluster

Hygon Information Unveils World's First Post-Quantum Cryptography Smooth Migration Solution

Reliance Discusses Battery Components and Issues Rs 13.158 Billion Construction Proposal

Xian Lianshe Research Institute estimates Q1 2026 life insurance agents' average monthly income at around 6,000 yuan

Ping An Health and PICC Health 21-Year Review: 2025 Core Metrics Comparison and Operational Differences Analysis

CATL and Nanjing Bus Group Sign Strategic Cooperation Agreement to Deepen Full-Scenario Energy Service Layout

Jiangxi Issues 15th Five-Year Plan: Aiming for Over 5 Million kW Energy Storage by 2030

CATL and Tibet Development Investment Group Sign Strategic Cooperation Agreement

Ping An Insurance increases stake in China Life by 16.26 million shares on May 14, holding reaches 14.03%

Zijin Longxing Delivers First Batch of Electric Dump Trucks to Julong Copper Mine, Achieving Commercialization

CATL Signs Deal with Xiamen Govt and AutoX to Build Battery Bases and Advance Low-Altitude Economy

Zijin Mining to Hold Annual General Meeting on June 5, Proposes Dividend of 3.8 CNY per 10 Shares

HSBC Research Releases H-Share Copper Report: Zijin, CITIC, and Meiliyun Get Buy Ratings

CATL Affiliate to Acquire 38.1% Stake in VNET for $942 Million to Become Largest Shareholder

Ping An Digital Bank Unveils New Brand in 2026, Sets Goal to Be a User-Friendly Digital Bank

Ping An Life Increases Stake in China Life by approx 453 million HKD

2026 Kantar BrandZ List Released: Ping An's Brand Value Exceeds $37.2 Billion, Retains Global Insurance No. 1

Xiamen Xingye Group and CATL's Puquan Capital Sign Strategic Cooperation Agreement to Explore New Energy and AI Sectors

JPMorgan Sees Potential in CATL's AIDC Energy Storage Ecosystem

CMB Appoints Wang Xiaoqing as New President

Amesite

Meiwu Tech

InMed Pharmaceuticals

Generation Income Properties

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Phoenix Asia

MetaVia

NextNRG

Co-Diagnostics

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

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USDU

XBJF

CNYA

The People's Bank of China is expected to set the USD/CNY reference rate at 6.8086, a key indicator in Asian forex markets. The PBOC operates a managed floating exchange rate system, allowing the yuan to trade within a 2% band around a daily midpoint. This midpoint is influenced by various factors, including previous closing prices and economic conditions. The fixing serves as a policy signal, indicating the PBOC's stance on currency strength or weakness, especially during global volatility.

Investinglive

Invesco DB US Dollar Index Bullish Fund

A CAM RMB MM

A CAM RMB MM-R

A BOS RMB MM-R

A BOS RMB MM

Wtree Bbg Usd Bull

WisdomTree, Inc.

PBOC is expected to set the USD/CNY reference rate at 6.8086 – Reuters estimate

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Jefferies reported that China's credit growth slowed to 7.8% YoY in April, impacted by weak mortgage demand and subdued corporate borrowing, despite strong government borrowing. The manufacturing PMI rose to 51.3, indicating expansion driven by exports. Overall, China's economic performance remains weak, with early signs of recovery, but significant demand growth acceleration is not expected soon. A US-China trade agreement and reduced US-Iran tensions could help.

AASTOCKS News

GX MSCI CHINA

iShares MSCI China

ISHARES A50

Jefferies Financial

Jefferies: China's Apr Credit Growth Momentum Further Slows

(Yicai) May 13 -- China’s real estate sector is still in the doldrums, but companies in emerging industries have become active buyers of commercial property, either purchasing buildings directly or acquiring land to develop their own projects.A prime commercial plot in Haitang Bay in Sanya, Hainan province, close to numerous five-star resort hotels, was sold recently for more than CNY680 million (USD94.6 million) to Star Competitive Esports, an operator of esports clubs and related businesses.

Yicai

JD-SW

JD.com

KNOWLEDGE ATLAS

Cushman & Wakefield

JD-SWR

Emerging Sectors Are Now Major Property Buyers Buoying China’s Real Estate Market

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The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.more to come

A BOS USD MM

iShares MSCI China A UCITS ETF

A BOS USD MM-U

ETFS Physical Renminbi ETF

A VP RMB MM

PBOC sets USD/ CNY reference rate for today at 6.8431 (vs. estimate at 6.7946)

CMBI has raised its forecast for China's export growth in 2026 to around 8%-9%, up from 4%, citing a rebound in exports driven by AI hardware and green energy demand. The report indicates strong export growth will bolster economic resilience and manufacturing output, though domestic demand remains weak. Import growth is expected to rise to 12%-14%, influenced by higher chip prices and raw material costs. The trade surplus is anticipated to narrow, with the USD/RMB exchange rate projected to fall to 6.8 mid-year and 6.78 by year-end.

China Merchants Bank

CM BANK

CMBI Raises China 2026 Export Growth Forecast to Around 8%-9%, Expects Trade Surplus to Narrow from High Base

ASHR

YANG

China's stock market ended a four-day winning streak, with the Shanghai Composite Index closing at 4,179.95, just below the 4,180-point mark. The market is expected to open higher on Monday, influenced by strong U.S. employment data. The index saw mixed performances among sectors, with energy companies facing losses while the property sector gained. The Shenzhen Composite Index rose slightly to 2,875.75. Wall Street's positive lead, driven by strong job growth, contributed to the optimistic outlook for Asian markets, despite ongoing geopolitical tensions in the Middle East.

nasdaq

Xtrk Hrvt Csi 300 Chn

Direxion FTSE China Bear 3X

SSE Index

Shenzhen Index

ICBC

Bank Of Communications

BANKCOMM

China Life

CHINA LIFE

JCCL

JIANGXI COPPER

CHALCO

PETROCHINA

Sinopec Corp.

SINOPEC CORP

HUANENG POWER

CSEC/China Shenhua

CHINA SHENHUA

Vanke

CHINA VANKE

Gemdale

YANKUANG ENERGY

Bank Of China

BANK OF CHINA

Dow Jones Industrial Average

Nasdaq

NASDAQ Composite Index

S&P 500

PetroCN HK SDR 1to2

Huaneng Power International, Inc. Sponsored ADR Class N

BOC HONG KONG

Bank of China

China Shares May Crack Resistance At 4,200 Points

During the 2026 May Day holiday, China saw 325 million trips, a 3.6% increase YoY, with total spending reaching RMB185.492 billion, up 2.9% YoY. Cultural centers organized 49,400 events, attracting 88 million visits. Nighttime cultural consumption clusters recorded 80.4 million visits, a 6.44% increase. Additionally, 32,000 commercial performances generated RMB2.476 billion in box office revenue, up 14.66% YoY. Local authorities distributed over RMB284 million in consumption vouchers to boost consumer activity.

- During the 2026 May Day holiday, China's Ministry of Culture and Tourism reported 325 million trips, an increase of 3.6% year-on-year, with total consumer spending reaching 185.49 billion yuan, up 2.9%.  
- Approximately 49,400 cultural events were organized, attracting around 88 million visitors, while national night cultural activities saw 80.41 million attendees, reflecting a growth of 6.44%.  
- Additionally, 32,000 commercial performances generated box office revenue of 2.48 billion yuan, increasing by 14.66%, supported by local governments issuing consumption vouchers and discounts to stimulate spending.

Mainland May Day Holiday Sees 325M Trips; Total Spending Near RMB185.5B, Up 2.9% YoY

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Guangzhou's Huadu District has introduced the "Huadu Eight Measures" to promote the real estate market, becoming the first district to implement specific policies in response to the city's broader measures. Effective immediately, the initiative includes a subsidy for residents swapping old homes for new ones, offering up to RMB20,000 per unit. Eligible homebuyers must purchase new residential units and sell their existing ones within a year of the contract filing. A total of RMB30 million is allocated for this subsidy, available on a first-come, first-served basis, and can be combined with municipal subsidies.

Fortune SG SSE 180 Value ETF

GZ Huadu Offers Subsidy for Home Swaps; Up to RMB20K/ Unit

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DRAG

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CHAU

Daiwa has delayed its expectations for interest rate cuts by the People's Bank of China (PBOC) following the April Politburo meeting, which did not signal any rate cuts. The broker anticipates the PBOC will maintain an easing environment through policy tools. Despite foreign capital driving Chinese equities in March, attention has shifted back to US equities in April, with domestic investors supporting value and high-dividend stocks. Policymakers are also focusing on stabilizing the property market, prompting local governments to introduce new stimulus measures.

Yinhua CSI Interior Real Estate Theme ETF

Roundhill China Dragons ETF

Yinhua CSI All Share Investment Banking & Brokerage ETF

Guotai CSI All Share Investment Banking & Brokerage ETF

Direxion CSI 300 China

Invesco Golden Dragon China

Daiwa Securities Group Inc.

Daiwa Further Delays PBOC Rate Cut Expectations, Expects Priority Use of Policy Tools to Maintain Easing Environment

The People's Bank of China announced it will conduct a CNY 300 billion outright reverse repo operation on May 6 to ensure ample liquidity in the banking system.The move signals continued efforts to stabilize funding conditions and support financial markets.The operation will follow a fixed-quantity approach and be executed through interest-rate bidding, with successful bids determined across multiple price levels.The facility will carry a tenor of three months, or 91 days.

- The People's Bank of China announced a 300 billion yuan reverse repurchase operation on May 6 to ensure sufficient liquidity in the banking system.  
- This action reflects ongoing efforts to stabilize funding conditions and support the financial market.  
- The operation will use a fixed amount method with interest rate bidding, and successful bids will be determined at multiple price levels, with a term of three months.

Trading Economics

PBoC to Inject CNY 300 Billion via Reverse Repo

ISHRS MSCI China(CNYA.US)

PBOC is expected to set the USD/CNY reference rate at 6.8086 – Reuters estimate

Jefferies: China's Apr Credit Growth Momentum Further Slows

Emerging Sectors Are Now Major Property Buyers Buoying China’s Real Estate Market

PBOC sets USD/ CNY reference rate for today at 6.8431 (vs. estimate at 6.7946)

CMBI Raises China 2026 Export Growth Forecast to Around 8%-9%, Expects Trade Surplus to Narrow from High Base