China September inflation data due Wednesday; factory-gate prices in focus
China is due to publish September CPI and PPI on Wednesday; August consumer prices rose 0.8% on the year and producer prices climbed 3.8%.
China is due to publish September CPI and PPI on Wednesday; August consumer prices rose 0.8% on the year and producer prices climbed 3.8%.
KOSPI tumbled nearly 5% to 6,100 as CXMT's memory-chip advance weighed on Samsung and SK Hynix. The index is 10.1% lower over five days.
Reuters sees the PBOC's daily USD/CNY fixing at 6.6981, with the midpoint's policy message shifting.
Goldman Sachs says the yuan is 20-25% undervalued, with markets underestimating gains; it sees 6.40 per dollar within a year.
Reuters expects the PBOC to set its USD/CNY midpoint at 6.6977, still softer than market forecasts.
China's top leadership included a national blockchain network among 19 economic measures, with no mention of Bitcoin or other cryptocurrencies.
China released a three-part documentary exposing pig butchering scams, detailing how victims are lured, kidnapped, and forced to defraud others.
China's 10-year government bond yield touched 1.7%, diverging from a global debt selloff, with the PBOC a net bond buyer this year.
CICC forecasts a strong A-share opening after the National Day holiday, citing overseas gains, stable data, and earnings.
House panel report on China data risk sent Webull shares down 19.1%. Webull disputes the report's accuracy.
Mainland Chinese markets resume after Golden Week with global risks in focus; gold and consumer data are key.
Mainland Chinese markets reopen after a week-long break, with gold feeling their absence. The data calendar looks uneventful.
China's central bank bought 740,000 ounces of gold in September, its largest monthly purchase since 2023, as prices fell.
Goldman Sachs says big pharma is sourcing assets from China biotech as $440 billion in drug patents expire by 2032.
DeepSeek and Moonshot AI are raising funds at high revenue multiples, with valuations far above US peers like OpenAI and Anthropic.