Eliza WongBUSINESS
China's Big Six State-Owned Banks Report Over CNY 550 Billion Surge in Personal Consumption Loans in 2025
Five banks exceeded 16% growth in 2025 as consumer credit demand outpaced corporate lending.
YuanTrends — China + Asia financial news
Top stories
Eliza WongBUSINESS
PBOC Q4 Monetary Policy Report Keeps Easing Tone, Flags External Risks
The central bank reiterated a "moderately loose" stance while warning on trade tensions.
Lisa ZhuHONG KONG
Hong Kong IPO Pipeline Reaches Three-Year High on China Tech Listings
Eighteen A-to-H conversions and six new-economy issuers are filed with the SFC for H1 2026.
Changpeng WanCOMMODITIES
Brent Crude Reclaims $90 Handle on OPEC+ Supply Discipline
The cartel's June rollover extends the 2.2 mb/d voluntary cut through Q4.
Changpeng WanTECH
KOSPI Hits Fresh Record as Samsung Guides HBM4 Above Consensus
Memory cycle inflection: Samsung raised its HBM4 ASP guide by 18%.
Spotlight
Lisa ZhuWORLD
US-China Tariff Truce Extended Through Q2 2026
The bilateral framework holds the Section 301 tariffs at the November 2025 levels.
World
- Changpeng WanWORLD
Nikkei 225 Closes at Fresh Record as Yen Weakness Reignites Bank Rally
Mitsubishi UFJ and SMFG led financials higher after the dollar-yen rate touched 158.
- Changpeng WanCOMMODITIES
Brent Crude Reclaims $90 Handle on OPEC+ Supply Discipline
The cartel's June rollover extends the 2.2 mb/d voluntary cut through Q4.
- Lisa ZhuWORLD
US-China Tariff Truce Extended Through Q2 2026
The bilateral framework holds the Section 301 tariffs at the November 2025 levels.
- Lisa ZhuCOMMODITIES
Gold Reaches Fresh Record on Sustained Central Bank Buying
PBOC, RBI, and Turkey's CBRT were net buyers in March for the 17th straight month.
Business
- Eliza WongBUSINESS
China's Big Six State-Owned Banks Report Over CNY 550 Billion Surge in Personal Consumption Loans in 2025
Five banks exceeded 16% growth in 2025 as consumer credit demand outpaced corporate lending.
- Eliza WongBUSINESS
PBOC Q4 Monetary Policy Report Keeps Easing Tone, Flags External Risks
The central bank reiterated a "moderately loose" stance while warning on trade tensions.
- Lisa ZhuWORLD
US-China Tariff Truce Extended Through Q2 2026
The bilateral framework holds the Section 301 tariffs at the November 2025 levels.
- Eliza WongBUSINESS
China Consumer Credit Trends Q4 2025: A Steady Climb, Not a Sprint
Aggregate household credit grew 7.1% YoY — the second-fastest pace since 2018.
Commodities
- Changpeng WanCOMMODITIES
Brent Crude Reclaims $90 Handle on OPEC+ Supply Discipline
The cartel's June rollover extends the 2.2 mb/d voluntary cut through Q4.
- Lisa ZhuCOMMODITIES
Gold Reaches Fresh Record on Sustained Central Bank Buying
PBOC, RBI, and Turkey's CBRT were net buyers in March for the 17th straight month.
- Changpeng WanCOMMODITIES
Copper Tightness Persists as China Smelter Maintenance Adds to Supply Risk
LME 3-month copper spread touched a USD 220 backwardation on Tuesday.
Securities
- Changpeng WanWORLD
Nikkei 225 Closes at Fresh Record as Yen Weakness Reignites Bank Rally
Mitsubishi UFJ and SMFG led financials higher after the dollar-yen rate touched 158.
- Changpeng WanTECH
KOSPI Hits Fresh Record as Samsung Guides HBM4 Above Consensus
Memory cycle inflection: Samsung raised its HBM4 ASP guide by 18%.
- Changpeng WanTECH
AI Memory Cycle 2026: HBM4 Carries the Second Half, DDR5 Lags
HBM unit shipments will outpace DRAM by 4.6x in 2026, per TrendForce.
- Lisa ZhuWORLD
US 10-Year Yield Holds the 4% Handle as Fed Priced for One Cut
Fed Funds futures now imply 1 cut in 2026 (down from 3 in January).
Banking
- Eliza WongBUSINESS
China's Big Six State-Owned Banks Report Over CNY 550 Billion Surge in Personal Consumption Loans in 2025
Five banks exceeded 16% growth in 2025 as consumer credit demand outpaced corporate lending.
- Eliza WongBUSINESS
PBOC Q4 Monetary Policy Report Keeps Easing Tone, Flags External Risks
The central bank reiterated a "moderately loose" stance while warning on trade tensions.
- Eliza WongBUSINESS
China Consumer Credit Trends Q4 2025: A Steady Climb, Not a Sprint
Aggregate household credit grew 7.1% YoY — the second-fastest pace since 2018.
- Eliza WongBANKING
ICBC Q4 2025 Earnings Call: NIM Compression Stalls, Fee Income Rebounds
Net interest margin held at 1.28% in Q4, the third consecutive flat print.
Tech
- Changpeng WanTECH
KOSPI Hits Fresh Record as Samsung Guides HBM4 Above Consensus
Memory cycle inflection: Samsung raised its HBM4 ASP guide by 18%.
- Lisa ZhuTECH
Shenzhen EV Exports Surge 41% YoY in Q1 2026 on EU Demand
BYD and CATL-shifted models dominate the order book; Russia remains a wild card.
- Changpeng WanTECH
AI Memory Cycle 2026: HBM4 Carries the Second Half, DDR5 Lags
HBM unit shipments will outpace DRAM by 4.6x in 2026, per TrendForce.
- Lisa ZhuIPO
China Tech IPO Pre-Marketing Picked Up in March; Subscriptions Open in Q2
Three dual-class primary listings target a combined USD 7.5 billion raise.
IPO
- Lisa ZhuHONG KONG
Hong Kong IPO Pipeline Reaches Three-Year High on China Tech Listings
Eighteen A-to-H conversions and six new-economy issuers are filed with the SFC for H1 2026.
- Lisa ZhuIPO
China Tech IPO Pre-Marketing Picked Up in March; Subscriptions Open in Q2
Three dual-class primary listings target a combined USD 7.5 billion raise.
Hong Kong
- Lisa ZhuHONG KONG
Hong Kong IPO Pipeline Reaches Three-Year High on China Tech Listings
Eighteen A-to-H conversions and six new-economy issuers are filed with the SFC for H1 2026.
- Lisa ZhuHONG KONG
Hong Kong Residential Property Transaction Volume Jumps 32% YoY in Q1
Stamp duty relief and inventory absorption drive the strongest quarter since 2021.
Opinion
- Lisa ZhuOPINION
Opinion: China Stimulus Fatigue Is Real, But Not What The Bears Say
The market is misreading the structural tools as cyclical disappointment.
- Lisa ZhuOPINION
Opinion: Asia Fintech 2026 — The Quiet Decade That Built The Foundation
The next cycle will be defined by infrastructure, not app features.
