Following a Rmb300bn lending boost for unfinished flats from the PBOC, BNP Paribas analysts believe a bottom for property prices might be reached in the second half of 2025.

In order to help residents use the currency in Hong Kong, the HKMA has linked the digital currency with the Faster Payment System. In addition, corporate use cases for cross-boundary trade settlement will be explored.

Analysts see limited initial market impact, but there is concern over the precedent, which other countries might follow in the future, negatively impacting equity risk premiums.

A Greenpeace study on 2021-issued government municipal bonds in China reveals a large number of projects with green potential. But local governments face challenges and are unwilling to issue green products.

Central banks in China, India and Singapore have added to their gold reserves amid geopolitical and foreign exchange uncertainties.

With the bulk of its business coming from Asia, Europe’s largest bank is planning for a new leader to take the helm, most likely in 2025.

This new cluster, to be led by Marc Luet, includes the bank's markets in Australia, China, Hong Kong, Japan, Macau, New Zealand, South Korea and Taiwan.

Washington’s policies to curb US investment in China has impacted assets under management in several large funds, and a shift in flows could take years, despite the upcoming US election.

The inclusion of cryptocurrency Ether, alongside Bitcoin, for the exchange-traded funds on the Hong Kong Stock Exchange, contrasts with the US approach.

Li has previously been head of Greater China for Credit Suisse and deputy head of investment banking, China, at UBS.