Thursday’s sale was the third since anti-government protests that started in Hong Kong in June aroused concerns over the city’s economic future and its status as a magnet for international capital. Photo: Kyodo Thursday’s sale was the third since anti-government protests that started in Hong Kong in June aroused concerns over the city’s economic future and its status as a magnet for international capital. Photo: Kyodo
Thursday’s sale was the third since anti-government protests that started in Hong Kong in June aroused concerns over the city’s economic future and its status as a magnet for international capital. Photo: Kyodo
Yuan
Economy /  Global Economy

China sells 10 billion yuan of bills in Hong Kong to protect currency ahead of National Day, US trade war talks

  • The People’s Bank of China’s auctioned 10 billion yuan (US$1.4 billion) of six-month bills in the embattled city on Thursday
  • It comes ahead of the October 1 holiday which will celebrate the 70th anniversary of the founding of the People’s Republic as well as next month’s talks in Washington

Topic |   Yuan
Frank TangKaren Yeung
Frank Tang and Karen Yeung

Updated: 10:58pm, 26 Sep, 2019

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Thursday’s sale was the third since anti-government protests that started in Hong Kong in June aroused concerns over the city’s economic future and its status as a magnet for international capital. Photo: Kyodo Thursday’s sale was the third since anti-government protests that started in Hong Kong in June aroused concerns over the city’s economic future and its status as a magnet for international capital. Photo: Kyodo
Thursday’s sale was the third since anti-government protests that started in Hong Kong in June aroused concerns over the city’s economic future and its status as a magnet for international capital. Photo: Kyodo
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