Market Trends
Information and commentary from Hong Kong on the current market and future prospects regarding wildly fluctuating RMB exchange rates, interest rates and stocks.
Mizuho Bank 2021 RMB Outlook (Aug, 2021) [Steady but headwinds evolving](PDF/1,602KB)
Mizuho Bank 2021 RMB Outlook (Jul, 2021) [The resilience of RMB](PDF/1,531KB)
Mizuho Bank 2021 RMB Outlook (Jun, 2021) [The return of RMB rally](PDF/1,529KB)
Mizuho Bank 2021 RMB Outlook (May, 2021) [The return of RMB rally](PDF/1,452KB)
Offshore RMB Market Report
Comments on offshore RMB exchange rates, interest rates and stocks from the Hong Kong Treasury Division.
May 27, 2022 Offshore RMB Market Report[Premier Li's warning of growth sank the CNH](PDF/358KB)
May 6, 2022 Offshore RMB Market Report[CNH remained in one-way depreciation](PDF/341KB)
Apr 14, 2022 Offshore RMB Market Report[Solid trade data kept the RMB supportive](PDF/348KB)
Apr 8, 2022 Offshore RMB Market Report[Shanghai lockdown extended, CNH in range trading](PDF/377KB)
Feb 25, 2022 Offshore RMB Market Report[RMB resilience to Russia-Ukraine tensions](PDF/366KB)
Feb 18, 2022 Offshore RMB Market Report[PBoC refrained from imposing CNY weakening bias](PDF/360KB)