# PBOC
Latest news and articles about PBOC
Total: 15 articles found
Chinese Regulators Summon Six Travel Platforms Over Misleading Loan Sales, Seek Tighter Consumer Protections
China's financial regulators jointly summoned six travel platforms over problematic practices in selling loan products through partner lenders, demanding clearer disclosures, bans on misleading marketing, and better complaint handling. The move is part of a broader regulatory focus on risks from embedded finance and aims to protect consumers while forcing platforms and their lending partners to tighten compliance.
Safe‑haven Surge and Regulatory Tightening: Gold Rallies as Tech Slips and Beijing Reins in Platform Lending
Gold and silver surged as investors skittishly rotated away from technology stocks amid heightened geopolitical rhetoric from Washington and mixed macro signals. In China, regulators tightened rules on platform‑linked consumer lending while the central bank reported continued credit growth, underscoring Beijing’s dual focus on innovation and financial stability.
PBOC to Inject ¥1 Trillion via Six‑Month Buyout Reverse Repo to Bolster Bank Liquidity
China’s central bank will inject ¥10 trillion via a six‑month buyout reverse repo on 13 February to ensure ample banking liquidity. The move provides durable, medium‑term funding and signals a continued, measured easing stance aimed at supporting financing conditions and stabilising the economy.
Bank of Communications Hit by Wave of Provincial Fines as Regulators Tighten Oversight
Since January, Chinese regulators have issued at least 11 penalties against regional branches of the Bank of Communications for widespread compliance and lending violations. The fines, though modest relative to the bank’s size, expose systemic weaknesses in governance and signal tightened regulatory scrutiny across provinces.
China’s Bank Deposits Aren’t Vanishing — They’re Changing Form, Says PBOC
China’s central bank says the recent shift of household and corporate savings into asset-management products is reshaping the composition of bank funding rather than draining funds from the banking system. Most AMP assets are invested in fixed income and interbank deposits, meaning that much reallocated money ultimately remains within bank balance sheets when viewed on a consolidated basis.
PBOC Sticks to ‘Moderate Ease’ as Liquidity Fuels Market Rally and a Memory-Price Surge
China’s central bank has reiterated a ‘moderately loose’ stance, with room to cut reserve requirements and interest rates, underpinning a surge in liquidity that is lifting markets and prompting renewed investment in sectors from memory chips to low‑altitude communications. The policy posture is encouraging private fund growth and corporate capital raising, but it also raises the prospect of speculative excess that regulators are already monitoring.
Bithumb’s $44bn ‘Fat‑Finger’ Mistake Sends Crypto Markets Reeling
Bithumb accidentally credited users with 620,000 BTC (about $44bn) during a promotional payout after entering the wrong unit; the exchange recovered 99.7% of the coins and pledged to compensate affected customers. The error briefly distorted prices on the platform, prompted a regulatory on‑site inspection and highlighted persistent operational and regulatory risks in the cryptocurrency industry.
China Tightens the Noose on Crypto: RMB‑Pegged Stablecoins Banned Abroad and RWA Tokenization Curtailed
China has issued stringent new rules that ban the overseas issuance of renminbi‑pegged stablecoins without approval and place heavy restrictions on tokenizing domestic assets for issuance abroad. The policy bundle, coordinated by the central bank and eight departments and accompanied by CSRC guidance on RWA tokenization, closes perceived regulatory gaps while creating a filing pathway for compliant projects.
China’s Central Bank Keeps Buying Gold — Small Steps, Strategic Shift
China’s central bank increased its gold holdings for the 15th month in a row to 74.19 million ounces at end-January 2026, adding roughly 40,000 ounces. Foreign-exchange reserves rose to $3.399 trillion, helped by a weaker dollar and asset price gains; analysts see Beijing’s modest, persistent gold buying as a cautious move to diversify reserves.
Retail Rush and Policy Support: A‑Share New Accounts Soar as Walmart Briefly Tops $1 Trillion
January saw a dramatic surge in Chinese retail participation with nearly 4.92 million new A‑share accounts, while the PBOC provided targeted three month liquidity to smooth seasonal pressures. Globally, the US moved to build a critical minerals reserve to reduce reliance on China, and Walmart briefly eclipsed a $1 trillion market cap, underscoring divergent strengths in consumer and tech segments.
Yuan Breaks 6.94 Against Dollar as Dollar Softens — A Test of China’s Managed Float
The onshore renminbi strengthened intraday past 6.94 to a 32-month high as the US dollar softened. Market strategists see room for further dollar weakness this year if US jobs data disappoint and rate-cut expectations move forward, a dynamic that will shape China’s exchange-rate, trade, and monetary policy considerations.
PBOC to Inject Rmb900bn via One‑Year MLF; A Measured Push to Keep Liquidity Ample
The People’s Bank of China will inject Rmb900 billion into the banking system via a one‑year MLF on 23 January, using rate bidding and multi‑price allotment. The move is a targeted liquidity operation intended to keep funding conditions ample and signal pragmatic, market‑oriented policy management amid a modest easing backdrop.