HONG KONG/SHANGHAI -- China and Hong Kong stocks have fallen behind regional peers in the first two trading weeks of 2025 as investors take profits and shift to government bonds, putting pressure on Chinese regulators to support yields and the yuan.
Central bank freezes treasury bond buying as yields sink, investors brace for Trump
The central bank said on Friday that it suspended open market treasury bond buying operations in a bid to tighten grip on the bond market. © Reuters
HONG KONG/SHANGHAI -- China and Hong Kong stocks have fallen behind regional peers in the first two trading weeks of 2025 as investors take profits and shift to government bonds, putting pressure on Chinese regulators to support yields and the yuan.