Live Breaking News & Updates on Rhodium Group In Hong Kong
Stay updated with breaking news from Rhodium group in hong kong. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
North American Morning Briefing: Stock Futures Slip Headed into Big Earnings Week morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
(Recasts, adds detail and analyst comment) SHANGHAI, April 7 (Reuters) - Foreign investors reduced their holdings of Chinese sovereign bonds in March, the first monthly drop in more than two years, as narrowing spreads over overseas debt and a weaker yuan tarnished their appeal. Overseas investors held Chinese government bonds (CGBs) worth 2.04 trillion yuan ($311.9 billion) at the end of March, down from 2.06 trillion yuan a month earlier, according to data released Wednesday by interbank market depository China Central Depository & Clearing Co (CCDC). It was the first decrease in foreign CGB holdings since February 2019, Reuters calculations showed. Holdings by offshore investors of all interbank market bonds dipped by 8.95 billion yuan in March, according to Reuters calculations using data from CCDC and the Shanghai Clearing House. That was the first monthly decline since March 2020, when global pandemic lockdowns sparked widespread market sell-offs. ....