Items

CNY markets

CNH markets

Financial Products

Spot, Forward, Swap, Options

Spot, Forward, Swap, Options

Market Participants

Residents (onshore bank, financial company)

Nonresidents (commercial company, offshore financial institution, hedge fund)

Central Bank Intervention

Yes

No

Exchange Rate Regime

Managed Floating Exchange Rate System

Floating Exchange Rate System

Trading Band

±2%

No

Trading Hours

9:30 - 16:30

9:00 - 17:00