Chinese House Price Index MM (Jan) Y/Y -0.4% (Prev. -0.4%)
Chinese house prices saw a year-on-year decline of 0.4% in January, matching the previous month’s contraction.
China's state tobacco monopoly administration issues notice on improving supply-demand balance in the e-cigarette industry
PBoC is to issue CNY 30bln in 3-month and 1-year bills in Hong Kong
Chinese House Price Index MM (Jan) Y/Y -0.4% (Prev. -0.4%)
PRE-MARKET CHINESE STOCKS NEWS: US President Trump pauses some China tech bans ahead of the Trump-Xi meeting in April
PBoC injects CNY 145bln via 7-day reverse repos with the rate at 1.40%
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This stagnation indicates a continued weakness in the property sector, which could hinder economic recovery and influence Chinese monetary policy going forward. Analysts will be monitoring this trend closely as it may impact investor sentiment and cross-border capital flows.
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