Chinese House Price Index YoY (Jan) Y/Y -3.1% (Prev. -2.7%)
The decline in China's House Price Index YoY to -3.1% from a previous -2.7% suggests a worsening trend in the housing market, amplifying concerns about economic stability.
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 YoY (Jan) Y/Y -3.1% (Prev. -2.7%)
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 indicates potential implications for policymakers aiming to boost growth and may signal further easing could be on the table.
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