PBOC says it will provide liquidity tools to finance share buybacks "at the right time"

An official at the People's Bank of China has echoed supportive sentiments today

• says it will expand the range and increase the scale of liquidity tools to fund share buybacks at the right time

And, more from China's security regulator:

• we will further develop linkage schemes, accelerate cross-border investment to improve the attractiveness of china stocks

Earlier:

• China to promote long-term funds for equity markets
• A Chinese official says 100s of billions of yuan are flowing into dividends every year from pensions.

• An official in China says insurance companies still have room to increase their market capitalization

• Chinese opportunities jump on all new supportive policies

USD/CNH is relatively stable:

This article was written by Eamonn Sheridan at www.forexlive.com.



Source link

Share on Facebook

Post on X

Follow us

Save