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Xiaomi-W's Q4 2025 Forecast and Market Expectations

Meituan participates in Diguarobotics' US$120 million Series B1 financing round

Kaiyuan Securities: Domestic giants compete for computing power as 'Lobster Heat' triggers dividends for domestic AI models

NVIDIA GTC 2026 Conference begins, focusing on AI advancements

Hang Seng Index turns positive, Meituan's stock price rises by over 2%

Xiaomi Group's stock price rises over 5% in the afternoon, boosted by new car launch news

Tencent Holdings' cumulative share repurchases since the beginning of the year reached HK$6.358 billion, ranking first in the Hong Kong stock market

Lu Weibing Responds to K90 Price Hike and Analyzes Storage Price Increase

Analysis suggests Tencent Holdings has risen 11% from its bottom, with Hong Kong stocks potentially becoming a 'safe haven' for Middle Eastern funds

A core researcher from Alibaba's Qwen large language model has reportedly left and joined ByteDance

iFood accuses Meituan and Didi of corporate espionage in Brazil, police investigation underway

Southbound capital recorded a net inflow into Alibaba-W on March 13

Citi: Alibaba's New Mobile OpenClaw Indicates Intensifying AI Agent Competition in China

Alibaba plans to launch Qianwen enterprise AI assistant

Citi Maintains "Buy" Rating on Alibaba, Optimistic on its AI Agent Technology Development

Tencent to Announce Q4 and Full Year Earnings, Projected Revenue and Profit Growth

Danone Asia Pacific and Alibaba Cloud Announce Strategic Cooperation on AI and Big Data

Analysys Report: Taobao Flash Sales and Meituan Had Nearly Equal Instant Retail Market Share in Q4 2025

Alibaba is rumored to be planning the launch of an enterprise-level AI agent based on its Qwen model

Driven by AI enthusiasm, Tencent Holdings' stock remains active

bioAffinity Tech

Firefly Neuroscience

Silvaco

eLong Power

T-REX 2X Long UPXI Daily Target ETF

Polaryx Therapeutics

TCW Strategic Income Fund, Inc.

Stak

iSpecimen

Oruka Therapeutics

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GS-C

MCHI

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CXSE

Reuters

GOLDMAN SACHS GROUP INC DEP SHR REP 1/1000TH PFD SER A

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iShares MSCI China

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Goldman Sachs

Yuan flirts with 2-1/2-year highs as China's forex reserves expand

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XBJF

The PBOC follows a managed floating exchange rate system. Allows the yuan to fluctuate within a +/- 2% range, around a central reference rate, or "midpoint."Previous close 6.9444more to come

Investinglive

A VP RMB MM-R

A BOS RMB MM

A VP RMB MM

WisdomTree, Inc.

PBOC sets USD/ CNY central rate at 6.9608 (vs. estimate at 6.9598).

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China PBOC expected to set yuan mid-point at 6.9598 per dollar - Reuters estimate

marketscreener

A CAM RMB MM-R

A CAM RMB MM

China PBOC expected to set yuan mid-point at 6.9598 per dollar - Reuters estimate

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USDU

The onshore RMB against the US dollar closed down 27 points today (2nd), at 6.9513 per US dollar. As of 4:45 PM, the RMB night session rose 1 point; the offshore RMB rose 88 points, at 6.9481 per US dollar, which is 32 points higher than the onshore rate

AASTOCKS

Invesco DB US Dollar Index Bullish Fund

Wtree Em Curry

A BOS RMB MM-R

Wtree Bbg Usd Bull

The RMB spot exchange rate fell by 27 points, reporting 6.9513 against one US dollar

On Monday (the 2nd), the China Foreign Exchange Trade System announced the central parity rate of the Renminbi against the US dollar, which was lowered by 17 points to 6.9695 against one US dollar

ETFS Physical Renminbi ETF

The central parity rate of the RMB was lowered by 17 points to 6.9695 against the US dollar

The central parity rate of the RMB against the US dollar is reported at 6.9695 yuan

Wallstreetcn

iShares China Large Cap UCITS ETF USD

The Chinese yuan is experiencing its longest weekly rally in over a decade, expected to continue as exporters increase demand ahead of the Chinese New Year. Analysts predict the yuan will strengthen against the dollar, supported by a trade surplus and renewed interest in domestic stocks. The US Treasury has labeled the yuan as "substantially undervalued." However, after the holiday, the yuan's appreciation may slow due to the People's Bank of China's interventions. Overall, analysts foresee continued gains for the yuan throughout the year, with a preference for gradual appreciation.

Businesstimes News

Roundhill China Dragons ETF

Midea Group

MIDEA GROUP

NASDAQ Golden Dragon China Index

Chinese yuan’s longest weekly rally in more than a decade is set to extend into Chinese New Year

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The offshore yuan has strengthened to approximately 6.94 per dollar in January, marking its fourth consecutive monthly gain. This increase is driven by heightened currency demand from exporters ahead of the Lunar New Year, as firms convert foreign earnings into yuan for bonuses and expenses. The currency's rise is supported by a positive domestic outlook, a trade surplus, and renewed investor interest. However, the People's Bank of China has limited appreciation by setting a weaker daily reference rate. The US Treasury has described the yuan as "substantially undervalued" and urged China to allow a more orderly strengthening of the exchange rate.

Trading Economics

A CSOP RMB MM

A CSOP RMB MM-R

Offshore Yuan Set for Fourth Monthly Gain

The People's Bank of China (PBOC) is expected to set the USD/CNY reference rate at 6.9459, a key indicator in Asian foreign exchange markets. The PBOC operates a managed floating exchange rate system, allowing the yuan to trade within a 2% band around a daily midpoint. This midpoint is influenced by various factors, including previous closing prices and economic conditions. The fixing serves as a policy signal, indicating the PBOC's stance on currency strength or weakness, especially during periods of global volatility.

Invesco Db Dlr Idx Bearish ETF

PBOC is expected to set the USD/CNY reference rate at 6.9459 – Reuters estimate

The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a +/- 2% range, around a central reference rate, or "midpoint." The rate set under 7 today for the first time since May 2023.Previous close 6.9475.more to come

PBOC sets USD/ CNY mid-point today at 6.9771 (vs. estimate at 6.9521)

ASHR

CNYA

- China enhances trade relationships with key partners amid tensions with the U.S., leading to a record trade surplus of $1.2 trillion in 2025.  
- Exports to non-U.S. markets, including Africa and the European Union, have increased as the yuan's global usage rises, driven by investment encouraging measures.  
- However, concerns persist regarding China's economic coercion and trust issues from U.S. allies, despite efforts to position itself as a stable economic partner.

Xtrk Hrvt Csi 300 Chn

iShares MSCI China A UCITS ETF

iShares China Large Cap

ANALYSIS-A year into Trump presidency, 'pivot to China' gathers pace

According to statistics from the People's Bank of China, by the end of the fourth quarter of 2025, the balance of RMB real estate loans was 51.95 trillion yuan, a year-on-year decrease of 1.6%, with an annual reduction of 963.6 billion yuan (the same below). The balance of real estate development loans was 13.16 trillion yuan, a year-on-year decrease of 3.0%, with an annual reduction of 357.5 billion yuan. The balance of personal housing loans was 37.01 trillion yuan, a year-on-year decrease of 1.8%, with an annual reduction of 676.8 billion yuan

People's Bank of China: At the end of the fourth quarter last year, the balance of RMB real estate loans was 51.95 trillion, a year-on-year decrease of 1.6%

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Miao Yanliang, Chief Strategist at CICC, argues that the future of the Chinese RMB in the global monetary system depends on domestic reforms rather than the decline of the US dollar. He emphasizes that while the weakening dollar creates opportunities, the RMB's internationalization requires deep financial market development, a floating exchange rate, and enhanced institutional credibility. Historical examples show that successful currency transitions are driven by timely reforms, not merely the weakening of an incumbent currency. Miao concludes that the RMB should aim to be a stabilizing force rather than a direct competitor to the dollar.

Fortune SG SSE 180 Value ETF

E Fund CNI Value 100 ETF

ExSAFE official: China RMB faces domestic reform test as cracks emerge in dollar dominance

WisdomTree China Ex-St Own Entp(CXSE.US)

Yuan flirts with 2-1/2-year highs as China's forex reserves expand

PBOC sets USD/ CNY central rate at 6.9608 (vs. estimate at 6.9598).

China PBOC expected to set yuan mid-point at 6.9598 per dollar - Reuters estimate

The RMB spot exchange rate fell by 27 points, reporting 6.9513 against one US dollar

The central parity rate of the RMB was lowered by 17 points to 6.9695 against the US dollar