
More recent developments

HKMA expands use of mainland bonds as collateral
The Hong Kong Monetary Authority (HKMA) has broadened the use of certain yuan-denominated bonds as collateral, potentially boosting demand for mainland bonds among foreign investors. Some context: In February, the HKMA permitted bonds acquired from mainland China via the northbound… Read More »

Polysilicon giants mull fund to buy out weaker rivals and end overcapacity
After two years of brutal overcapacity and plummeting prices, an OPEC-style cartel might be about to bring balance to the polysilicon industry. China’s leading solar-grade polysilicon manufacturers have reportedly resumed talks to form a consortium aimed at acquiring excess capacity… Read More »

Rumors mount over massive real estate stimulus
Take this with a mountain of salt. On Thursday, Chinese property stocks surged on rumors that a high-level government meeting on real estate support – possibly chaired by Xi Jinping – is set for next week. The biggest buzz came… Read More »