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Dollar bond anomaly | Chinese CHINA 2.25 10/21/50 price rose by 5.17% to 66.388.
28/08/2025
On August 28th, China issued CHINA 2.25 10/21/50 with a current price of 66.388, up by +5.170% with a yield of 4.495%.
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Bank of Korea: Five members of the Monetary Policy Committee suggested that the door should be opened for a recent interest rate cut.
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Bank of Korea Governor Lee Ju-yeol: Will maintain a rate cut stance to ease the downside risks facing economic growth.
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General Administration of Customs Announcement No. 179 of 2025.
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DBS Bank: Downgrades China Resources Power target price to HK$22.6 and lowers full-year electricity generation forecast.
1 m ago
OCBC Bank released a research report stating that, in the first half of the year, China Resources Power's electricity generation increased by 3.6%, lower than expected. The bank revised down its annual electricity generation growth forecast by 8.4 percentage points, expecting a 4% to 9% annual increase in electricity generation in 2025 and 2026. Benefiting from expected cost savings on fuel, the bank expects a 6% increase in profits in the first half of 2025. Based on yield and valuation attractiveness, the bank maintains a "buy" rating on China Resources Power, with a target price reduced from HK$24 to HK$22.6, and a 4% downward revision in profit forecasts for 2025 and 2026, with expected profit growth of 7% and 13% respectively.
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