RMB is strengthening—but what does that mean for overseas investors? We break down key drivers, potential risks, and how you may better navigate this currency trend. Find out more below ⬇️
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International investors held Rmb7.5tn ($1.1tn) of equity and fixed income securities priced in renminbi as of the end of September, up about Rmb760bn from the end of 2020, according to Financial Times calculations
CXMT’s official IPO price is only RMB 8.66, roughly $1.20 per share. At $6, the pre-IPO perpetual contract implies a valuation of more than $400 billion—nearly five times its IPO valuation.
CXMT’s official IPO price is only RMB 8.66, roughly $1.20 per share. At $6, the pre-IPO perpetual contract implies a valuation of more than $400 billion—nearly five times its IPO valuation. short 15000$ 3x ⬇️