馃殌 Markets in China are off to a rocky start in 2025, but there's a silver lining! The Shanghai and Shenzhen exchanges are urging mutual funds to buy more stocks, aiming to halt the market's slide. With a 2.9% drop in the blue-chip index, it's a bold move to boost confidence. 馃搱
Meanwhile, Hong Kong is stepping up to stabilize the yuan. The PBOC is selling bills to soak up liquidity and set a strong daily reference rate. These efforts could slow the yuan's decline against the mighty U.S. dollar. 馃挭
With Trump back in the picture, the dollar-yuan battle intensifies. Yet, China's stock exchange remains resilient, focusing on stability and growth. Optimism is in the air!