On September 27th, according to Caixin, according to the data disclosed by Xu Huaizhi, Assistant President (Foreign Affairs) of the Hong Kong Monetary Authority, the Hong Kong Special Administrative Region Government has issued RMB, Hong Kong dollar, euro and US dollar bonds worth about 386 billion Hong Kong dollars since 2019 through the "Government Sustainable Bond Program" and the "Infrastructure Bond Program". Two batches of tokenized green bonds were successfully issued in February 2023 and...
On September 25th, CICC commented on the policy announced at the press conference held by the State Council Information Office on September 24th. The comprehensive interest rate cut will reduce the interest payment burden on the real economy by about 690 billion yuan (annualized), and the annual interest payment burden may be reduced by 1.30 trillion yuan (annualized, about 1% of GDP). The rate cut not only meets the needs of current credit expansion and existing fiscal strength, but may be used...