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Tag: benchmark

Hong Kong\’s economy maintains growth, market sentiment improves: financial secretary

wangxiao05/06/20240

HONG KONG, May 5 (Xinhua) — Hong Kong\’s economy grew 2.7 percent year on year in Q1 in the fifth consecutive quarter of economic expansion, while recent uplifts in both the stock and property markets

China\’s loan prime rates remain unchanged

wangxiao03/21/20240

BEIJING, March 20 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Wednesday, unchanged from the previous month.
The over-five-year LP

China eases banks\’ reserve requirement to cement economic recovery

wangxiao01/25/20240

BEIJING, Jan. 25 (Xinhua) — China\’s central bank will next month lower the amount of reserve requirement that financial institutions have to set aside, amid efforts to support economic recovery and c

Hong Kong Hang Seng Index closes 3.92 pct higher

wangxiao12/27/20230

HONG KONG, Nov. 15 (Xinhua) — Hong Kong\’s stock market ended higher on Wednesday with the benchmark Hang Seng Index up 3.92 percent to close at 18,079.00.
The Hang Seng China Enterprises Index gained

Hong Kong\’s Hang Seng Index closes 0.24 pct lower

wangxiao10/26/20230

HONG KONG, Oct. 26 (Xinhua) — Hong Kong\’s stock market ended lower on Thursday with the benchmark Hang Seng Index down 0.24 percent to close at 17,044.61 points.
The Hang Seng China Enterprises Index

China\’s loan prime rates remain unchanged

wangxiao09/20/20230

BEIJING, Sept. 20 (Xinhua) — China\’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.45 percent Wednesday, unchanged from the previous month.
The over-five-year LP

China-Africa trade index debuts, indicating strong growth

wangxiao06/30/20230

CHANGSHA, June 29 (Xinhua) — The China-Africa Trade Index, based on trade-indicator data between China and African countries, was released for the first time at the opening of the third China-Africa

China cuts benchmark lending rate LPR

wangxiao06/20/20230

BEIJING, June 20 (Xinhua) — China on Tuesday cut the market-based benchmark lending rate.
The one-year loan prime rate (LPR) came in at 3.55 percent Tuesday, down from the previous reading of 3.65 pe

Loans issued from China\’s housing provident fund top 1 trln yuan in 2022

wangxiao06/09/20230

BEIJING, June 8 (Xinhua) — China issued over 1.18 trillion yuan (about 166.1 billion U.S. dollars) worth of mortgage loans from the housing provident fund in 2022, benefitting more home buyers, offic

Oil prices crater as banking fears rattle markets

wangxiao03/16/20230

NEW YORK, March 15 (Xinhua) — Oil prices suffered steep losses on Wednesday, pressured by mounting fears of a banking crisis.The West Texas Intermediate (WTI) for April delivery dropped 3.72 U.S. dol

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