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[Interbank Foreign Exchange Market Central Parity Rate for RMB on July 10, 2026] USD/CNY was quoted at 6.7989, down 47 points (RMB appreciation); EUR/CNY was quoted at 7.7712, up 16 points; HKD/CNY was quoted at 0.86754, down 3.7 points; GBP/CNY wa

2026-07-10

[Interbank Foreign Exchange Market Central Parity Rate for RMB on July 10, 2026] USD/CNY was quoted at 6.7989, down 47 points (RMB appreciation); EUR/CNY was quoted at 7.7712, up 16 points; HKD/CNY was quoted at 0.86754, down 3.7 points; GBP/CNY was quoted at 9.1157, up 59 points; AUD/CNY was quoted at 4.7173, up 23 points; CAD/CNY was quoted at 4.7970, down 29 points; 100 JPY/CNY was quoted at 4.1876, up 13 points; CNY/RUB was quoted at 11.2046, down 769 points; NZD/CNY was quoted at 3.9150, up 296 points; CNY/MYR was quoted at 0.59923, up 0.9 points; CHF/CNY was quoted at 8.4278, up 107 points; The Singapore dollar/Chinese yuan exchange rate was 5.2606, up 21 points.

Other News
2026-07-09

Yuji Sugimoto, head of Bain Capital Japan, said Kioxia may be one of Japan’s highest‑valued firms in the AI cycle, but Korean chip giants retain structural advantages. He cited Samsung and SK’s strong top‑down leadership and ownership structures, say

Yuji Sugimoto, head of Bain Capital Japan, said Kioxia may be one of Japan’s highest‑valued firms in the AI cycle, but Korean chip giants retain structural advantages. He cited Samsung and SK’s strong top‑down leadership and ownership structures, saying sustained, large-scale investment is essential in semiconductors and hard to deliver under typical Japanese governance. Sugimoto, who led Bain’s acquisition of Toshiba’s memory unit (spun off in 2017 and bought by a Bain-led consortium for about ¥2 trillion in 2018; renamed Kioxia in 2019), said Kioxia could not have completed its transformation if it had stayed under Toshiba. Since its December 2024 listing Kioxia shares have risen more than 4,000%. Bain has exited its investment.
2026-07-10

Samsung Electronics will unveil its flagship Galaxy Z8 wide‑fold lineup at a July 22 event in London, with models expected to include Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8; the series is slated to go on sale on Aug. 7. Electronic Ti

Samsung Electronics will unveil its flagship Galaxy Z8 wide‑fold lineup at a July 22 event in London, with models expected to include Galaxy Z Fold8 Ultra, Galaxy Z Fold8 and Galaxy Z Flip8; the series is slated to go on sale on Aug. 7. Electronic Times reports higher component costs could push prices up to KRW200,000 above the prior generation — reported prices: Galaxy Z Fold8 Ultra 256GB KRW2,570,000 (≈CNY11,619), Galaxy Z Fold8 KRW2,270,000 (≈CNY10,262), Galaxy Z Flip8 KRW1,680,000 (≈CNY7,595). Apple is said to plan a wide‑fold iPhone for September and Huawei’s Pura X positioning is already in place, signaling an intensifying competitive landscape for wide‑fold smartphones into H2 2026.
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