Free Trial
USDCAD TECHS

Key Support Remains Exposed

AUDUSD TECHS

Pullback Extends, But Still Looks Corrective in Nature

US TSYS

FED Remains in Play Post-NFP/ISM Data

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: China's Bank Regulator Confident Amid Property Woes

MNI (BEIJING)
MNI (Beijing)

China’s banking regulator is concerned about the property sector but is confident the exposure of its banks is low, said Xiao Yuanqi, Vice Chairman of the China Banking and Insurance Regulatory Commision.

Exposure to property accounts for 26% of banking sector loans and is mainly home mortgage loans, which are of high quality and have a rate of default of around 0.1%, Xiao said, speaking at an event in Hong Kong.

Fang Xinghai, Vice Chairman of the China Securities Regulatory Commission, told the same event that China’s capital market would mature by increasing foreign participation. The new mainland treasury bond futures scheme was viewed as evidence of Hong Kong’s role in facilitating links between China and the international economy.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.