CNYUSD=X - CNY/USD

CCY - CCY Delayed Price. Currency in USD
0.1511
-0.0000 (-0.0106%)
As of 1:53AM GMT. Market open.
Stock chart is not supported by your current browser
Previous Close0.151
Open0.151
Bid0.151
Day's Range0.151 - 0.151
52 Week Range0.1437 - 0.1554
Ask0.151
  • China plans to shut down Bitcoin Exchanges
    Yahoo Finance Video3 months ago

    China plans to shut down Bitcoin Exchanges

    China is putting an end to trading in virtual currencies like Bitcoin. The country is shutting down cryptocurrency exchanges. People will not be banned from using Bitcoin but will instead end the commercial trading of the currency. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Melody Hahm figure out what kind of impact this will have on Bitcoin.

  • Reuters15 hours ago

    China's banks dole out record credit in 2017 as Nov loans blow past forecasts

    Bank lending in China hit a fresh record after a much stronger-than-expected surge in credit in November, even as authorities step up efforts to reduce risks in the financial system from a rapid build-up in debt. Chinese banks extended 1.12 trillion yuan ($169.27 billion) in net new yuan loans in November, data from the People's Bank of China showed on Monday, well above analysts' expectations. Analysts polled by Reuters had predicted new yuan loans would rise to 800 billion yuan, from October's 663.2 billion yuan.

  • Reuters12 days ago

    BRIEF-Yuan Heng Gas Holdings Hy Profit Attributable Rmb59.1 Million

    Nov 30 (Reuters) - Yuan Heng Gas Holdings Ltd: * HY PROFIT ATTRIBUTABLE RMB59.1 MILLION VERSUS RMB 5 MLN‍​ * HY ‍TURNOVER RMB4.29 BILLION VERSUS RMB3.82 BILLION Source text for Eikon: Further company coverage:...

  • USDCNH with a negative sentiment
    FX Empire13 days ago

    USDCNH with a negative sentiment

    Since the middle of September to the 22nd of November, the USDCNH was in the symmetric triangle pattern, which was created after the heavy drop that occurred here since the beginning of the year. After the breakout, the price went firmly lower and checked in on the important horizontal support on the 6.56 (lower grey area).

  • Reuters21 days ago

    China's Zhongtian Financial to buy up to 31 billion yuan stake in Huaxia Life

    SHANGHAI/BEIJING (Reuters) - China's Zhongtian Financial Group Co , which has businesses in the real estate and finance sectors, said it planned to buy up to 25 percent of Huaxia Life Insurance for as much as 31 billion yuan (3.5 billion pounds). Under framework agreements, Zhongtian will buy a stake of between 21 percent and 25 percent from two shareholders in cash, the Guiyang-based firm said in a filing late on Monday. Zhongtian, which started out as a real estate developer in Guizhou province, has been actively expanding in the financial sector in recent years, with insurance and securities its top priorities.

  • Reuters26 days ago

    Tencent's focus on digital content after stellar third quarter

    Chinese internet giant Tencent Holdings Ltd said it will invest more in its digital content businesses spanning publishing to film-making after its third quarter net profit surpassed expectations on Wednesday. Tencent, Asia's most valuable company with a market capitalisation of $472 billion (£358.3 billion), is looking to invest more in its digital content and better integrate its products across platforms in order to draw more time from more paying customers, President Martin Lau said on an earnings call late Wednesday. Analysts said it was a move towards helping Tencent better monetise its various content platforms that dominate Chinese mobile users' daily life through increased subscription and advertising revenue.

  • Reuterslast month

    China's JD.com, Alibaba rival, reports $19.1 billion in shopping event sales

    JD.com, China's e-commerce behemoth, said on Sunday that sales for Singles' Day - and its run-up - reached 127.1 billion yuan ($19.14 billion), up 50 percent from a year ago. Sales included 11 days of transactions, JD said in a statement, unlike its rival Alibaba, which reported on Saturday that its one-day sales reached 168.3 billion yuan ($25.35 billion), up 39 percent from last year. Singles' Day, an annual 24-hour buying frenzy that takes place in China on Nov. 11, has emerged as the world's biggest shopping event.

  • EUR/JPY Consolidation Breakout Possible
    FX Empirelast month

    EUR/JPY Consolidation Breakout Possible

    Different Forex crosses are breaking out of their consolidation phase, making breakouts off the important levels as we could see yesterday in the example of the GBP/NZD. Today we have a consolidation with a possible breakout on EUR/JPY. The POC zone 132.12-132.30 (D H3, EMA89, 38.2,are pivot) could reject the price towards 131.90. Break below 131.90 might … Continue reading EUR/JPY Consolidation Breakout Possible

  • Reuterslast month

    BRIEF-China Wan Tong Yuan says qtrly revenue RMB6.1 mln

    Nov 6 (Reuters) - China Wan Tong Yuan (Holdings) Ltd : * Qtrly revenue RMB6.1 million versus RMB5.3 million * ‍Qtrly loss and total comprehensive expense RMB 3.8 million versus profit of RMB 2.3 million ...

  • Reuterslast month

    Evergrande to raise 60 billion yuan ahead of backdoor listing in China

    China Evergrande Group (3333.HK), the country's No.3 property developer by sales, said it would sell 60 billion yuan (£6.9 billion) worth of shares in its property assets business that is slated for a backdoor listing in Shenzhen. The developer plans to inject almost all of its property assets, held by Hengda Real Estate Group, into Shenzhen Real Estate .

  • USD/CNH Is Forming A Triangle Pattern On 4-Hour Chart
    FX Empirelast month

    USD/CNH Is Forming A Triangle Pattern On 4-Hour Chart

    The USDCNH pair seems to be forming a triangle pattern on its 4-hour chart. The price broke above a falling trend line last Friday, indicating that the short-term downtrend from 6.6635 had completed at 6.5840 already. Further rally towards the top trend line of the triangle pattern now at around 6.6550 would likely be seen. … Continue reading USD/CNH Is Forming A Triangle Pattern On 4-Hour Chart

  • USD/CNH Broke Below Price Channel Support
    FX Empirelast month

    USD/CNH Broke Below Price Channel Support

    USDCNH recently broke below the bullish price channel on the 4-hour chart, suggesting that the short-term uptrend from 6.5555 had completed at 6.6635 already. Further decline would likely be seen over the next several days. The USDCNH pair is expected to test 6.5949 support, a breakdown below this level could take price to next support … Continue reading USD/CNH Broke Below Price Channel Support

  • Reuters2 months ago

    China's yuan weakens on broad dollar strength, Fed leadership in focus

    China's yuan weakened against the dollar on Wednesday, in line with a much softer fixing, following a rise in the greenback, which was underpinned by reports of Republican senators' support for John Taylor to become the next U.S. Federal Reserve chief. Prior to market opening, the People's Bank of China (PBOC) lowered its midpoint rate for the third straight day to 6.6322 per dollar, 54 pips or 0.08 percent weaker than the previous fix of 6.6268 on Tuesday. Wednesday's midpoint was the weakest since Oct.9.

  • Reuters2 months ago

    China regulator fines hospital owner 100 million yuan for insider trading

    China's securities regulator has imposed a fine of more than 100 million yuan ($15.11 million) on the owner of a hospital for insider trading, and confiscated a further 34 million yuan of his illegal gains. Liu Yuejun, the actual controller of the Red Cross Hospital in southwest China's Sichuan Province, had bought shares in Shenzhen-listed Hangkeng Medical Group Co Ltd knowing that his hospital would be selling a treatment centre to the company, China's Securities Regulatory Commission (CSRC) said in a statement on its website on Friday.

  • Reuters2 months ago

    Chinese firms rush to hedge as yuan swings begin to sting

    Hobbled by the yuan's unexpected surge this year, more Chinese companies are trading currency derivatives to hedge risks, although many mainland firms remain exposed to swings in China's increasingly volatile currency. Companies in China have for years been accustomed to a stable yuan that moved in one direction for long periods of time. Yuan hedging markets are still in their infancy, stymied by the central bank's stringent requirements for hedging and the limited participation of speculators and large state-owned firms, which could make markets more liquid.

  • Worlds Apart: The GBP and the CNY
    FX Empire2 months ago

    Worlds Apart: The GBP and the CNY

    On Friday, 29 September, the GBP got a much-anticipated boost: Brexit negotiations are finally making headway in their fourth round of talks. Brexit secretary, David Davis and his European counterpart, Michel Barnier indicated that Prime Minister Theresa May hit a chord in her recent Florence speech. During the third round of Brexit negotiations, currency traders … Continue reading Worlds Apart: The GBP and the CNY

  • USD/CNH Broke Above Major Resistance Trend Line
    FX Empire2 months ago

    USD/CNH Broke Above Major Resistance Trend Line

    USDCNH extended its upside movement from 6.4412 to as high as 6.6777, breaking through a major bearish trend line on its daily chart, confirming that the bearish movement from 6.8588 had completed at 6.4412 already. On the upside There is a bullish trend line with support at around 6.6490 on the 4-hour chart. As long … Continue reading USD/CNH Broke Above Major Resistance Trend Line

  • Weekly Market Outlook, Oct 2 – Oct 6, 2017
    FX Empire2 months ago

    Weekly Market Outlook, Oct 2 – Oct 6, 2017

    RBA to Keep Rates Unchanged Mario Draghi Does Not Threaten Bitcoin CAD Looks Exposed China Online RBA to Keep Rates Unchanged We anticipate that the Reserve Bank of Australia (RBA) will leave key interest rate at 1.50% while maintaining its neutral policy stance. On the economic front, the economy has expanded in 2Q by a … Continue reading Weekly Market Outlook, Oct 2 – Oct 6, 2017

  • The USD Index Cycle and the USDCNH
    FX Empire2 months ago

    The USD Index Cycle and the USDCNH

    The Elliott Wave Perspective If you are a subscriber of ForexAnalytix you already know that we are still expecting another leg up on USD Index to complete bullish cycle from 2011. We think that the USD index is now at some very interesting levels near 90.00, a strong support from where uptrend may resume. Well, some … Continue reading The USD Index Cycle and the USDCNH

  • USD/CNH Facing Major Trend Line Resistance At 6.6060
    FX Empire3 months ago

    USD/CNH Facing Major Trend Line Resistance At 6.6060

    USDCNH rebounded sharply from 6.4412 after several months of steady decline, facing a major resistance trend line on its daily chart now at around 6.6060. The trend line would act as the key resistance for the bearish movement from 6.8588. As long as the prices are below the trend line, the downside movement could be … Continue reading USD/CNH Facing Major Trend Line Resistance At 6.6060

  • EUR/GBP Is Facing 0.9305 Resistance
    FX Empire3 months ago

    EUR/GBP Is Facing 0.9305 Resistance

    EURGBP formed a double bottom pattern on its daily chart, with neckline at 0.8851 and measured move target at around 0.9400. After breaking above the neckline resistance, the pair extended its bullish movement to as high as 0.9270, facing the resistance at the October 2016 high of 0.9305. The EURGBP pair stays in a bullish … Continue reading EUR/GBP Is Facing 0.9305 Resistance

  • EUR/JPY Dropped Sharply to 128.70
    FX Empire4 months ago

    EUR/JPY Dropped Sharply to 128.70

    EURJPY dropped sharply to as low as 128.70 after breaking below a major support trend line at 130.35 on its 4-hour chart. Further decline is still possible in a couple of days. On the downside, the pair could be expected to test 128.49 support in the coming days, a break through this level could take … Continue reading EUR/JPY Dropped Sharply to 128.70

  • USD/CNH Extended Its Bearish Move To 6.7006
    FX Empire4 months ago

    USD/CNH Extended Its Bearish Move To 6.7006

    USDCNH extended its bearish movement from 6.9867 to as low as 6.7006, breaking below the bottom support trend of the price channel at 6.7740 on its weekly chart, suggesting that the long term uptrend from the January 2014 low of 6.0152 had completed at the January 3 high of 6.9867 already. Correction pullback could be … Continue reading USD/CNH Extended Its Bearish Move To 6.7006

  • China’s Inflation and Trade Data, RBNZ Next Rate Hike and UK Trade Deficit
    FX Empire4 months ago

    China’s Inflation and Trade Data, RBNZ Next Rate Hike and UK Trade Deficit

    This week there will be a lot of data out from China including inflation and trade. According to Reuters, the data of this week should reflect a steady economy – what do you think we can expect? We’ve seen the IMF upwardly revise its economic growth projections off the back of a solid 1st quarter … Continue reading China’s Inflation and Trade Data, RBNZ Next Rate Hike and UK Trade Deficit

  • What to trade after the FOMC? Gold, NZD/JPY and USD/CNH
    FX Empire5 months ago

    What to trade after the FOMC? Gold, NZD/JPY and USD/CNH

    FOMC was perceived dovish by traders worldwide, that is why we do have a come back to the main trends, so weaker dollar, stronger EM, higher stocks and commodities. Gold climbed back above the 1258 USD/oz resistance. Currently that will be the closest support. That breakout creates a nice buying opportunity with the desired – … Continue reading What to trade after the FOMC? Gold, NZD/JPY and USD/CNH