China Markets, PBOC Policy Signals, AI Restrictions, and MTR’s Northern Metropolis Project

A Bloomberg China Show segment covering the market open in Greater China, PBOC policy signals, technology and AI developments, corporate earnings and deals, and Hong Kong infrastructure. It combines market updates with interviews and analysis from the Bund Summit in Shanghai.

■ Markets and policy
- Loan prime rates left unchanged; PBOC discusses a possible shift to the overnight reverse repo rate as a policy benchmark
- China economic outlook, fiscal and monetary stimulus, RMB valuation, and property-sector adjustment
- Hong Kong and mainland equity market moves, Indonesia market measures, and MSCI-related concerns

■ Technology and AI
- U.S. restrictions on civilian federal agencies using DeepSeek and concerns around third-party AI vendors
- Z.AI founders’ research links and related market reaction
- CATL earnings outlook, AI-related stock moves, and data-center IPO debuts in Asia

■ Corporate and infrastructure
- Roche licensing deal with a Chinese biotech firm and the broader China biotech licensing trend
- Exclusive interview with MTR CEO Jeny Yeung on the Northern Metropolis rail project, financing, risk management, and overseas opportunities

Designed for investors, policy watchers, and corporate-strategy readers seeking a concise overview of China market and policy developments. It provides context on key themes to monitor, including PBOC framework changes, AI restrictions, earnings updates, and Hong Kong infrastructure financing.