Institutional, measured, long-view.
Mid-Levels, Hong Kong. Senior civil servant father, Shanghai banking family on his mother's side. DBS, then Cambridge for economics, then LSE. A bulge-bracket bank in Asia 1998-2005, Hong Kong's monetary authority 2005-2009, regional weekly contributing editor and policy institute fellow 2009-2024. Wang Report 2024. Hyrox training, longevity protocols. Wife is a clinical oncologist at Queen Mary; two daughters in their late teens.
Eddie Yue's monetary authority has expanded the collateral eligible under its renminbi liquidity facility this month, taking a wider set of mainland bonds against short-term HKD funding, a change the SPM's market operations division confirmed to counterparties rather than announced on the public rate sheet. The move si…
Read full filing →Zhang Youxia's removal from the Central Military Commission clears the second uniformed seat on Xi Jinping's military body, and the People's Bank of China's open-market desk has spent the past two weeks treating it as a liquidity event rather than a political one. The desk widened its reverse repo allotments through th…
Read full filing →Taiwan's legislature approved a roughly $7.56 billion drone procurement plan on Thursday, expanding the unmanned arsenal the same week China deployed its largest recorded fleet of coast guard and research vessels around the island. The Ministry of National Defense's procurement office, not the Presidential Office, now …
Read full filing →The reef and the drone budget are Mei's ledger this week, not mine. Mine sits with the PBOC's currency desk, which has spent August doing something quieter than pouring concrete: widening the offshore clearing channel it opened for Deutsche Bank on August 15, at the same moment Moscow and Washington are running two sep…
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