Core Points - The People's Bank of China (PBOC) and the Bank of Thailand have signed a bilateral currency swap agreement, extending and revising the previous agreement [3] - The new agreement has a swap scale of 70 billion RMB (370 billion THB) and is valid for five years, with the possibility of extension [3] - This agreement aims to deepen financial cooperation between China and Thailand, facilitate bilateral trade and investment, and maintain financial market stability [3]

Core Points - The People's Bank of China (PBOC) and the Central Bank of Brazil signed a Financial Strategic Cooperation Memorandum and a bilateral currency swap agreement, aiming to enhance cooperation between the two central banks [1][2] - The bilateral currency swap agreement is valued at 190 billion RMB / 157 billion Brazilian Reais, effective for five years, with the possibility of extension, facilitating the use of local currencies in trade and investment [1] - The agreements signify a new phase of mutually beneficial and efficient cooperation, providing better financial services for enterprises and strengthening the comprehensive strategic partnership between China and Brazil [2] Group 1 - The Financial Strategic Cooperation Memorandum aims to improve the investment environment, enhance financial market infrastructure, and support cross-border payment systems [1] - The currency swap agreement will help stabilize financial markets and promote trade and investment facilitation between China and Brazil [1] - The PBOC and the Central Bank of Brazil will collaborate on anti-money laundering and counter-terrorism financing efforts, sharing intelligence to combat cross-border financial crimes [2] Group 2 - The PBOC will also sign a Financial Strategic Cooperation Memorandum with the Brazilian Ministry of Finance to coordinate on financial markets and international monetary policy [2] - The cooperation includes exploring sustainable development financing mechanisms and promoting reforms in the international monetary system [2] - The agreements are expected to provide financial support for the alignment of development strategies between China and Brazil [2]

Core Viewpoint - The People's Bank of China and the Central Bank of Brazil have made significant progress in bilateral cooperation in areas such as currency swaps, financial markets, cross-border payments, and development financing [1] Group 1: Bilateral Cooperation - Both central banks have acknowledged the positive developments in bilateral currency swaps and financial market cooperation [1] - Agreements such as the Financial Strategic Cooperation Memorandum and the Currency Swap Agreement between the People's Bank of China and the Central Bank of Brazil will continue to be implemented [1] Group 2: Sustainable Development Fund - The second committee meeting of the China-Brazil Sustainable Development Capacity Expansion Cooperation Fund was recently held, exploring future cooperation opportunities [1] - The second batch of project outcomes under the China-Brazil Fund is diverse, and both parties will continue to promote exchanges and cooperation under this mechanism [1]

Core Insights - The meeting between the Governor of the People's Bank of China, Pan Gongsheng, and the Governor of the Central Bank of Brazil, Roberto Campos Neto, highlighted the positive progress in bilateral cooperation in areas such as currency swaps, financial markets, cross-border payments, and development financing [1] Group 1 - Both parties acknowledged the advancements made in bilateral currency swap agreements and financial market cooperation [1] - There is a commitment to continue implementing the signed financial strategic cooperation memorandum and the currency swap agreement between the People's Bank of China and the Central Bank of Brazil [1] - The focus is on promoting financial cooperation across various sectors between China and Brazil [1]

Group 1 - The People's Bank of China and the Central Bank of Turkey have renewed a bilateral currency swap agreement worth 35 billion RMB, equivalent to 189 billion Turkish Lira, with a validity of three years [1] - This agreement marks a new phase in financial cooperation between China and Turkey, facilitating cross-border settlements in local currencies and promoting bilateral trade and investment [3] - As of May 31, 2025, the People's Bank of China has signed bilateral currency swap agreements with 32 central banks, with an outstanding balance of 81.8 billion RMB utilized by foreign central banks [3] Group 2 - Southbound capital transactions reached a record high of 640.38 billion HKD this week, marking a 56.36% increase from the previous week [4] - Notable stocks with high trading volumes include Xiaomi Group-W, Alibaba-W, Meituan-W, and Pop Mart, each exceeding 20 billion HKD in total transactions [4] - Meituan-W saw the highest net buy of 3.605 billion HKD despite a 2.47% decline in stock price, indicating sustained interest from southbound capital [4] Group 3 - Three stocks experienced significant increases in holdings, with Yimai Sunshine, BYD Company, and China National Nuclear Power leading the growth at 116.02%, 40.38%, and 37.05% respectively [5] - Yimai Sunshine's holdings doubled to 40.776 million shares, despite a 17.21% drop in stock price, following the acquisition of 100% equity in Zhongya Diagnostics [5] - BYD Company reported a record weekly increase in holdings of 20.188 million shares, with a total of 70.1799 million shares held, as the company aims to standardize supplier payment terms to within 60 days [5]

上述安排标志着中土金融合作迈上新的台阶，将有利于两国企业和金融机构使用本币进行跨 境结算，进一步促进双边贸易和投资便利化。 来 源 | 央视新闻 本期编辑 刘雪莹 "更容易爆炸"？一品牌充电宝遭多所高校禁用，网友热议 "左右开弓扇耳光"，"黄牛"霸占机器还打人！事关Labubu，警方紧急提醒 普京、特朗普发声！油价狂飙，金价大涨，一股涨近118% SFC 21君荐读 近日， 中 国人民银行与土耳其中央银行续签双边本币互换协议，互换规模为350亿元人民 币/1890亿土耳其里拉，协议有效期三年。 同时，双方还签署了在土耳其建立人民币清算安排 的合作备忘录。 ...

Core Viewpoint - The People's Bank of China (PBOC) has renewed a bilateral currency swap agreement with the Central Bank of Turkey, with a swap scale of 35 billion RMB / 189 billion Turkish Lira, effective for three years, which can be extended by mutual agreement [1] Group 1: Bilateral Currency Swap Agreement - The renewed agreement is part of a broader strategy where the PBOC has signed similar agreements with 32 countries and regions, totaling approximately 4.5 trillion RMB [1] - The agreement facilitates the use of RMB in trade settlements, enhancing the convenience of bilateral trade between China and Turkey [1] Group 2: RMB Clearing Arrangement - A memorandum of cooperation was signed to establish RMB clearing arrangements in Turkey, which will support local RMB business development [1][2] - The PBOC has authorized 34 RMB clearing banks in 32 countries, covering major global economies, with over 1,000 foreign financial institutions expected to open clearing accounts by the end of 2024 [1][2] Group 3: Benefits of RMB Clearing Banks - RMB clearing banks will provide various RMB options and solutions for bilateral trade and investment, improving cross-border RMB service capabilities and clearing efficiency [2] - They serve as important channels for transmitting offshore RMB policies and business rules, helping local enterprises and financial institutions understand market opportunities and reduce business risks [2] - These banks will actively participate in local foreign exchange and bond markets, leveraging RMB liquidity to issue and innovate RMB-denominated financial products [2]

Core Viewpoint - The People's Bank of China (PBOC) has renewed a bilateral currency swap agreement with the Central Bank of Turkey, with a swap scale of 350 billion RMB / 189 billion Turkish Lira, effective for three years, which can be extended by mutual agreement. This arrangement signifies a new level of financial cooperation between China and Turkey, facilitating cross-border settlements in local currencies and promoting bilateral trade and investment [1]. Group 1 - The renewed agreement aims to enhance the use of local currencies for cross-border transactions between Chinese and Turkish enterprises and financial institutions [1]. - The PBOC has signed bilateral currency swap agreements with 32 countries and regions, with a total swap scale of approximately 4.5 trillion RMB [1]. - The establishment of a RMB clearing arrangement in Turkey is part of the cooperation memorandum signed alongside the currency swap agreement [1].

Core Viewpoint - The People's Bank of China and the Central Bank of Turkey have renewed a bilateral currency swap agreement and signed a memorandum for establishing a RMB clearing arrangement in Turkey, marking a significant step in financial cooperation between China and Turkey [1] Group 1: Currency Swap Agreement - The renewed currency swap agreement has a scale of 350 billion RMB, equivalent to 189 billion Turkish Lira [1] - The agreement is valid for three years and can be extended upon mutual consent [1] Group 2: RMB Clearing Arrangement - A cooperation memorandum was signed to establish a RMB clearing arrangement in Turkey [1] - This arrangement is expected to facilitate the use of local currencies for cross-border settlements between enterprises and financial institutions in both countries [1] Group 3: Impact on Trade and Investment - The financial cooperation is anticipated to promote the convenience of bilateral trade and investment [1]

Group 1 - The People's Bank of China and the Central Bank of Brazil signed a bilateral currency swap agreement, with a scale of 190 billion RMB / 157 billion Brazilian Real, valid for five years [1] - The initial currency swap agreement between China and Brazil was signed in 2013, with the same scale of 190 billion RMB, reflecting the growing economic ties between the two countries [1] - China has been Brazil's largest trading partner for 15 consecutive years, and Brazil is China's largest trading partner in Latin America [1] Group 2 - Since the 2008 global financial crisis, the People's Bank of China has signed bilateral currency swap agreements with 42 countries and regions, with 32 active agreements totaling 4.3 trillion RMB [2] - Bilateral currency swap agreements facilitate trade and investment by allowing direct settlement in local currencies, reducing exchange rate risks and costs [2] - The recent renewal of the China-Brazil currency swap agreement sends a positive signal of cooperation, enhancing market confidence and contributing to regional and global financial stability [2] Group 3 - The currency swap agreements also support offshore market liquidity, as seen in the upgrade of the agreement with the Hong Kong Monetary Authority in July 2022 [3] - The implementation of these agreements accelerates the internationalization of the RMB, increasing its acceptance in trade settlements and financial transactions [3] - The renewal of the China-Brazil currency swap agreement is expected to deepen financial cooperation, stabilize the monetary environment for trade and investment, and reduce reliance on the US dollar [3]