As the market is pessimistic on Renminbi, there is an outflow of Chinese capital, causing much headache to the Chinese financial management.

Concerning the current Renminbi exchange and policy trend, ANBOUND's research team has been releasing analysis in the past, suggesting China’s Central Bank would not allow devaluation of Renminbi to happen out of control, and China’s economy will provide certain support to the exchange rate.

We had suggested that from now until after October, Renminbi can maintain the market situation of stability and rise slightly for at least 3 months.

Now, foreign institutions have changed the perception and are less pessimistic in their expectation of Renminbi, and this will contribute to the stability of Renminbi stages by stages.