I posted about this on Monday this week:

News is still popping up all over the place.

The Wall Street Journal now, quoting Goldman Sachs:

• China to issue Hong Kong Central Bank notes amid weakening yuan
• a tender of 60 billion yuan, equivalent to $8.18 billion, of six-month bills to be held on January 15 for settlement on January 17
• planned issuance of a large amount of Hong Kong central bank notes should drain offshore yuan liquidity and discourage offshore yuan short positions, Goldman Sachs’ economic research team said.

I guess the new bit is the confirmation of the amount, 60 billion yuan. A record amount. But we already knew it was going to be the biggest ever, check out my post linked above.

I guess it’s worth reading ForexLive.