1. Pan Gongsheng: Flexible and efficient use of various monetary policy tools, such as reserve requirement ratio (RRR) cuts and interest rate cuts, is still possible this year; there is still room for further RRR and interest rate cuts. 2. Pan Gongs

2026-01-23

1. Pan Gongsheng: Flexible and efficient use of various monetary policy tools, such as reserve requirement ratio (RRR) cuts and interest rate cuts, is still possible this year; there is still room for further RRR and interest rate cuts. 2. Pan Gongsheng: Strengthen supervision and management of the bond market, foreign exchange market, money market, bill market, and gold market. 3. Trump warns: If Europe sells off US assets, he will take "major retaliation." 4. Data shows that India has joined the ranks of reducing its holdings of US Treasury bonds, and its holdings have fallen to a five-year low. 5. Local government debt expansion and accelerated direct financing: Guangdong's social financing is projected to increase by 2.78 trillion yuan in 2025. 6. Markets are betting that BlackRock executive Riddell is a leading candidate for Federal Reserve Chairman. 7. Japanese regulators inquire about bond book losses from life insurance companies. 8. Poly Developments plans to pay interest on its 2 billion yuan medium-term notes at an interest rate of 3.00%. 9. J&T Express plans to issue HK$4.65 billion in zero-coupon convertible bonds. 10. Reports indicate that creditors are concerned about the uncertain arrangements for Vanke's subsequent maturing bonds. 11. Standard Chartered Bank is assisting the Asian Infrastructure Investment Bank (AIIB) in issuing another "cloud-swallowing bond," amounting to HK$4 billion.