CNH Trading Volume Surges 94.55% to Rank 439th in Daily Market

On May 22, 2025, the trading volume of CNH reached 2.12 billion, marking a significant increase of 94.55% compared to the previous day. This surge placed CNH at the 439th position in the daily stock market rankings. The stock price of CNH rose by 0.86%.

The recent fluctuations in the USD/CNH exchange rate have been influenced by various economic indicators and market sentiments. The current exchange rate stands at 7.2041, with a year-to-date return of -1.84%. The 52-week range for the USD/CNH exchange rate is between 6.9713 and 7.4290, indicating a moderate level of volatility.

One of the key factors affecting the CNH stock price is the yield spread between China's 10-year government bonds and the US 10-year Treasury yields. The latest data shows that China's 10-year government bond yield is at 1.67%, while the US 10-year Treasury yield is at 4.53%. This results in a yield spread of -2.86%, which has been relatively stable in recent months. The negative yield spread suggests that investors may be more inclined to invest in US Treasuries, potentially putting downward pressure on the CNH stock price.

Additionally, the 5-day, 1-month, and 3-month performance of the Chinese Yuan Offshore (CNH) has shown slight declines, with returns of -0.07%, -1.15%, and -0.68% respectively. These declines may reflect broader market concerns about economic growth and monetary policy in China. However, the year-to-date return of -1.78% indicates that the CNH has been relatively resilient compared to other currencies.