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Chinese lenders bought 8 billion worth of foreign currencies and sold 2.4 billion worth in October, the State Administration of Foreign Exchange (SAFE) said in a statement.
Chinese policy banks could play a bigger role in launching supportive measures to stabilize the economy in coordination with prudent monetary policy and proactive fiscal measures, according to analysts.
Chinese electric automaker BYD established its North American headquarters in Los Angeles in 2011. [Photo/IC]
Chinese TMT companies' total financing increased to 225.9 billion yuan (.74 billion) in 2018, three times the number from the previous year, and it was ordinary for the companies to file for IPOs in Hong Kong or the overseas market, according to the data with PwC.
Chinese online consumer finance platform LexinFintech Holdings Ltd filed with the US Securities and Exchange Commission for an initial public offering on the Nasdaq global market on Tuesday.
来源：资阳报