# foreign exchange
Latest news and articles about foreign exchange
Total: 2 articles found
Beijing Pushes Faster Capital‑Account Opening While Tightening Safeguards
China plans to advance 'high‑level' two‑way opening of its capital account in 2026 while strengthening supervision to limit cross‑border risks. SAFE and the PBOC will widen access for institutional investors, broaden multinational cash‑pooling and green financing pilots, and tighten middle‑ and post‑event monitoring to prevent systemic shocks.
AI and Data‑Centre Demand Drive Tianfu’s 2025 Profit Leap — Still Comes Up Short of Street Estimates
Tianfu Communication expects 2025 net profit to rise 40–60% to RMB 1.881–2.150 billion, driven by AI‑related demand and global data‑centre construction, but the top‑end of guidance slightly misses the broker consensus of RMB 2.17 billion. The company’s results are aided by manufacturing efficiencies and non‑recurring gains, while exchange‑rate losses have increased financial costs and trimmed profit growth.