https://www.scmp.com/rss/523893/feed The latest news and top stories on Huaxi Securities. A Chengdu, China-based entity in the finance sector, Huaxi Securities specialises in brokerage, wealth management and investment banking. It primarily serves individual and institutional clients and is known for its significant market position in China’s financial markets. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Sylvia Ma Sylvia Ma China’s yuan has strengthened to its highest level against the US dollar in nearly three years, with its official fixing rate also firming amid growing uncertainty over the American currency. On Wednesday afternoon, the offshore yuan traded at 6.867 per US dollar, its strongest level since April 2023. The same day, the People’s Bank of China set the yuan’s midpoint rate – also known as the daily fixing – at 6.9321 per US dollar, also the strongest since May 2023. The currency has appreciated... https://www.scmp.com/economy/china-economy/article/3344582/chinas-yuan-strengthens-near-3-year-high-us-dollar-uncertainty-grows?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3344582/chinas-yuan-strengthens-near-3-year-high-us-dollar-uncertainty-grows?utm_source=rss_feed Wed, 25 Feb 2026 08:15:05 +0000 Mia Nurmamat Mia Nurmamat Consumer spending during China’s Lunar New Year rose modestly this year, according to early official data, as authorities extended the holiday and stepped up stimulus measures to support domestic demand. Average daily sales at major retail and catering firms rose 8.6 per cent year on year over the first four days of the break, Ministry of Commerce data showed. Across 78 pedestrian shopping streets and commercial districts monitored by the ministry, foot traffic and sales revenue grew 4.5 per... https://www.scmp.com/economy/china-economy/article/3344352/chinas-lunar-new-year-sees-modest-rise-consumer-spending-early-data-shows?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3344352/chinas-lunar-new-year-sees-modest-rise-consumer-spending-early-data-shows?utm_source=rss_feed Mon, 23 Feb 2026 11:00:51 +0000 Zhang Shidong Zhang Shidong Investors are gearing up for a key economic policy meeting to be attended by President Xi Jinping and other top leaders, looking for signals on whether the high-stakes gathering will inject fresh momentum into a stock rally that has already run hard this year. The annual Central Economic Work Conference – a year-end fixture that sets the tone for the following year’s macroeconomic agenda – is taking centre stage, with the market in need of new catalysts to extend a solid run this year. Investors... https://www.scmp.com/business/china-business/article/3335720/investors-brace-beijings-policy-huddle-tests-durability-china-stock-rebound?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3335720/investors-brace-beijings-policy-huddle-tests-durability-china-stock-rebound?utm_source=rss_feed Wed, 10 Dec 2025 01:29:56 +0000 Zhang Shidong Zhang Shidong Chinese listed companies posted their fastest profit growth of the year in the third quarter, as a government-led drive to cut excess industrial output drove up margins and the nation’s tech self-reliance bolstered demand for semiconductors. The earnings of mainland China-listed companies rose 11.6 per cent from a year ago, compared with a 1.2 per cent increase in the second quarter and 3.2 per cent growth in the January-March period, according to China Merchants Securities. Technology companies... https://www.scmp.com/business/china-business/article/3331296/chinese-listed-companies-earnings-surge-capacity-cut-tech-self-sufficiency?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3331296/chinese-listed-companies-earnings-surge-capacity-cut-tech-self-sufficiency?utm_source=rss_feed Mon, 03 Nov 2025 07:00:09 +0000 Zhang Shidong Zhang Shidong China’s state buyers have emerged as one of the biggest groups of investors in the nation’s US$12 trillion stock market, underscoring how government support underpins the market’s bull run. Dubbed the national team and led by Central Huijin Investment, state buyers held a combined 3.94 trillion yuan (US$553.1 billion) of yuan-denominated stocks as of the end of June, surpassing the 3.07 trillion yuan held by foreign investors, according to data compiled by Huaxi Securities. State buyers’... https://www.scmp.com/business/china-business/article/3326791/chinas-state-buyers-hold-us553-billion-stocks-buttressing-bull-run?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3326791/chinas-state-buyers-hold-us553-billion-stocks-buttressing-bull-run?utm_source=rss_feed Thu, 25 Sep 2025 06:00:36 +0000 Carol Yang Carol Yang China retained its leading position in the global shipbuilding market during the first half of the year, according to data from the industry association, despite a decline in market share caused by buyers’ concerns over the threat of US port fees on Chinese-built vessels. It secured 68.3 per cent of new vessel orders in the global market in the first six months of the year, compared with 74.7 per cent in the same period last year, China’s shipbuilding industry association said on Monday. The... https://www.scmp.com/economy/global-economy/article/3319284/chinas-shipbuilding-lead-endures-market-share-dips-amid-us-port-fee-threat?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3319284/chinas-shipbuilding-lead-endures-market-share-dips-amid-us-port-fee-threat?utm_source=rss_feed Wed, 23 Jul 2025 13:00:14 +0000 Zhang Shidong,Daniel Ren Zhang Shidong,Daniel Ren Shanghai looks set to lead the charge on stablecoin deployment in China, as the country’s biggest metropolis explores how the digital asset can solidify its status as a financial and global trade hub. City leaders would instruct the government-controlled digital service provider and a local financial institution to study the feasibility of launching stablecoins as a way of mitigating risks, according to two local officials familiar with the matter who spoke on condition of anonymity. State-owned... https://www.scmp.com/business/china-business/article/3318145/shanghai-sasac-meeting-signals-softer-stance-stablecoins-after-hong-kong-legislation?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3318145/shanghai-sasac-meeting-signals-softer-stance-stablecoins-after-hong-kong-legislation?utm_source=rss_feed Mon, 14 Jul 2025 10:30:07 +0000