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Chinese shares mixed at midday Tuesday

BEIJING, Jan. 17 (Xinhua) -- Chinas major stock indices ended lower in the morning session Tuesday, with the benchmark Shanghai Composite Index down 0.25 percent to 3,219.68 points.The Shenzhen Component Index gained 0.06 percent to 11,792.42 points at midday.

ChiNext Index opens higher Tuesday

BEIJING, Jan. 17 (Xinhua) -- The ChiNext Index, tracking Chinas Nasdaq-style board of growth enterprises, was up 0.04 percent to open at 2,540.57 points Tuesday.The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange.

Chinese shares open higher Tuesday

BEIJING, Jan. 17 (Xinhua) -- Chinese stocks opened higher on Tuesday, with the benchmark Shanghai Composite Index up 0.06 percent to open at 3,229.44 points.The Shenzhen Component Index opened 0.08 percent higher at 11,794.96 points.

Hong Kong's Hang Seng Index opens 0.32 pct lower

HONG KONG, Jan. 17 (Xinhua) -- Hong Kongs Hang Seng Index fell down 68.67 points, or 0.32 percent to open at 21,678 points.

RMB, equities show recovery is on track

USD/CNY spot at 6.7281, SCI at 3227.59;stimulus, COVID steps prove effectiveStrong performances on Monday by the Chinese currency renminbi and the A-share market — the benchmark Shanghai Composite Index rose 1.01 percent to close at 3227.59 points — provide further evidence that China's economic rec

China's outstanding yuan funds for forex rise in December-Xinhua

BEIJING,Jan.16(Xinhua)--China'soutstandingyuanfundsforforeignexchangeclimbedinDecember2022fromthepreviousmonth,datafromthecountry'scentralbankshowedMonday.Thefundscameinatabout21.47trillionyuan(3.2trillionU.S.dollars)attheendofDecember,93。

China's home prices continue to ease in December 2022

BEIJING, Jan. 16 (Xinhua) -- China's home prices in 70 large and medium-sized cities continued an easing trend in December 2022, although price movements diverged, the National Bureau of Statistics (NBS) said Monday. In December, 55 of the 70 cities saw a month-on-month drop in new home sales pric

China's Jiangsu sees foreign trade hit record high

NANJING, Jan. 16 (Xinhua) -- The imports and exports of east China's Jiangsu Province, one of the country's major foreign trade hubs, rose by 4.8 percent year on year to 5.45 trillion yuan (about 811.79 billion U.S. dollars) in 2022, Nanjing Customs said on Monday. Exports soared 7.5 percent year

Macao's forex reserves rise to 25.97 bln USD at end of December

File photoMACAO, Jan. 16 (Xinhua) -- The preliminary estimate of Macaos foreign exchange reserves amounted to 208.6 billion patacas (about 25.97 billion U.S. dollars) at the end of December 2022, the Macao Special Administrative Regions monetary watchdog said on Monday.The latest statistics from the Monetary Authority of Macao indicated that the reserves increased by 0.7 percent from the revised value of 207.1 billion patacas (about 25.74 billion dollars) for the previous month.The trade-weighted effective exchange rate index for the pataca fell 2.38 points month on month, but rose 6.83 points year on year to 110.6 in December 2022.

Hong Kong's Hang Seng Index closes 0.04 pct higher

HONG KONG, Jan. 16 (Xinhua) -- Hong Kong's major stock indices ended mixed on Monday, with the benchmark Hang Seng Index up 0.04 percent to close at 21,746.72 points. The Hang Seng China Enterprises Index fell 0.55 percent to end at 7,350.34 points, and the Hang Seng Tech Index fell 1.06 percent t

Economists predict China to see certain economic rebound in 2023

(ECNS) -- As of Sunday, 28 provinces, autonomous regions, and municipalities across China have held the "Two sessions", with the average 2023 GDP growth target in the 28 provinces in 2023 forecast at 6 percent.Chinese economists believe that in 2023, China's economy would experience significant, com

Chinese shares close higher Monday

BEIJING, Jan. 16 (Xinhua) -- Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 1.01 percent to 3,227.59 points.The Shenzhen Component Index closed 1.58 percent higher at 11,785.77 points.

ChiNext Index closes higher Monday

BEIJING, Jan. 16 (Xinhua) -- The ChiNext Index, tracking Chinas Nasdaq-style board of growth enterprises, gained 1.86 percent to close at 2,539.52 points Monday.The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange.

Chinese ride-hailing company DiDi resumes new user registration

Chinese ride-hailing company DiDi announced on Monday that it had resumed new user registration, adding that it would take adequate measures to ensure platform safety and data security.

China's overnight Shibor interbank rate increases Monday

BEIJING, Jan. 16 (Xinhua) -- The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of Chinas interbank market, increased 32.6 basis points to 1.568 percent Monday.The seven-day rate rose 11.4 basis points to 2.054 percent, the one-month rate went up 2.4 basis points to 2.244 percent, and the one-year rate rose 0.6 basis points to 2.559 percent.Shibor is a simple, no-guarantee, wholesale interest rate calculated by arithmetically averaging all the interbank RMB lending rates offered by the price quotation group of 18 commercial banks with a high credit rating, with the four highest and four lowest quotations excluded.

ChiNext Index higher at midday Monday

File photoBEIJING, Jan. 16 (Xinhua) -- The ChiNext Index, tracking Chinas Nasdaq-style board of growth enterprises, went up 2.47 percent to 2,554.82 points in the morning session Monday.The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange.

Chinese shares higher at midday Monday

File photoBEIJING, Jan. 16 (Xinhua) -- Chinas major stock indices ended higher in the morning session Monday, with the benchmark Shanghai Composite Index up 1.44 percent to 3,241.35 points.The Shenzhen Component Index gained 2.11 percent to 11,847.21 points at midday.

China's economy rapidly rebounding from pandemic shock

With continuously optimized anti-virus response, China's economy is shaking off the shadow of COVID-19, backed by huge potential and supportive policies.Fresh positive signs have shown that sectors ranging from tourism to services and catering are returning to their pre-pandemic levels, indicating t

China's central bank adds liquidity via operations

BEIJING,Jan.16(Xinhua)--China'scentralbankonMondayaddedliquiditytothebankingsystemviaoperationsofmedium-termlendingfacility(MLF)andreverserepos.ThePeople'sBankofChina(PBOC)injected779billionyuan(about116.03billionU.S。

Market exchange rates in China -- Jan. 16

BEIJING, Jan. 16 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100

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