HopelessChi :
China economy is in weak stage. everything said is not effective, the truth is the country is not doing well. the pullback will erase the gains this week. very simply sell off. US is clocking ATH, you know what I mean?
The Chief Executive of the Hong Kong Monetary Authority, Eddie Yue, stated that he believes de-dollarization will not occur, and that the US dollar will remain an important international currency for the next 10 to 20 years. A large part of international trade will still rely on the US dollar, but as China's economic ties with the world strengthen, the RMB will gradually become one of the majo...
USD/HKD Forum
$USD/HKD(USDHKD.FX)$
Offshore yuan $CNH strengthens per USD by 260 pips and back to the 7.21 mark.
$USD/CNH(USDCNH.FX)$ $CNH/HKD(CNHHKD.FX)$ $HKD/CNY(HKDCNY.FX)$ $CNY/HKD(CNYHKD.FX)$ $USD/HKD(USDHKD.FX)$ $iShares MSCI China ETF(MCHI.US)$ $CSOP Hang Seng TECH Index ETF(03033.HK)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $BABA-SW(09988.HK)$ $JD-SW(09618.HK)$
The $USD/CNH(USDCNH.FX)$ one-month volatility rose to 5.29% with risk reversals touching a one-week high.
$USD/CNY(USDCNY.FX)$ $CNY/USD(CNYUSD.FX)$ $HKD/USD(HKDUSD.FX)$ $USD/HKD(USDHKD.FX)$ $HKD/CNY(HKDCNY.FX)$ $Hang Seng Index(800000.HK)$ $Hang Seng H-Share Index ETF(02828.HK)$ $iShares MSCI China ETF(MCHI.US)$
$Hang Seng H-Share Index ETF(02828.HK)$ $Hang Seng Index(800000.HK)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $iShares MSCI China ETF(MCHI.US)$ $CNY/USD(CNYUSD.FX)$ $CNY/HKD(CNYHKD.FX)$ $USD/HKD(USDHKD.FX)$
- RMB dominated trading
- 401K like schemes
- Homecoming of China Tech shares
- Goldman, Morgan Stanley, etc. getting wealth management licenses etc.
$HKEX(00388.HK)$ $HONG KONG EXCHANGE(HKXCY.US)$ $USD/HKD(USDHKD.FX)$ $HKD/USD(HKDUSD.FX)$ $CNY/USD(CNYUSD.FX)$ $USD/CNY(USDCNY.FX)$ $BABA-SW(09988.HK)$ $Alibaba(BABA.US)$ $JD.com(JD.US)$ $JD-SW(09618.HK)$ $Goldman Sachs(GS.US)$ $Morgan Stanley(MS.US)$
A large part of international trade will still rely on the US dollar, but as China's economic ties with the world strengthen, the RMB will gradually become one of the majo...
June 19, Mon, 2 bln
June 20, Tue, 2 bln
June 21, Wed, 2 bln
June 25, Sun, 44 bln
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Total 50 bln yuan 7-day RRP.
*June 22-23 Dragon Boat Festival holiday, no RRP due.
$CNY/USD(CNYUSD.FX)$ $USD/CNY(USDCNY.FX)$ $USD/HKD(USDHKD.FX)$ $HKD/USD(HKDUSD.FX)$ $CNY/HKD(CNYHKD.FX)$ $HKD/CNY(HKDCNY.FX)$ $HKEX(00388.HK)$ $HONG KONG EXCHANGE(HKXCY.US)$ $BIDU-SW(09888.HK)$ $JD-SW(09618.HK)$ $TENCENT(00700.HK)$
$Alibaba(BABA.US)$ HK$4.3m
$Tencent(TCEHY.US)$ HK$36.6m
$JD.com(JD.US)$ HK$1.8m
$Meituan(ADR)(MPNGF.US)$ HK$9.3m
With the exception of Tencent, the interest in RMB-denominated shares from HK/foreign investors is not substantial. We still await the inclusion of these RMB counters in the Stock Connect. $SZ->HK Connect(LIST1922.HK)$ $SH->HK Connect(GangGuTong.HK)$
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