31-03-2025, 10:49 AM
Over the friday the Dow and Nasdaq plunged causing Chunese ADR to sink and subsequent selloff kn HK market.
However during the weekend the Chinese govt injected 500B yuan into the banks by buyinb bank placements at a premium.
This news is significiant kn 2 levels th premium over the majrket price shows they are mindful of the market...most placements at discounts. 2nd is they have atarted liqduidoty injection into the systen.
Not sure if the market is disteacted or just reacting to the pljnge in US makret first....but this news is quite big and has big implcations.
However during the weekend the Chinese govt injected 500B yuan into the banks by buyinb bank placements at a premium.
This news is significiant kn 2 levels th premium over the majrket price shows they are mindful of the market...most placements at discounts. 2nd is they have atarted liqduidoty injection into the systen.
Not sure if the market is disteacted or just reacting to the pljnge in US makret first....but this news is quite big and has big implcations.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.