18-06-2024, 09:56 AM
This news from PBOC might excite the China and HK stock but not for long. Too little to put out the fire.
Quote:On June 17, the People's Bank of China (hereinafter referred to as the "Central Bank") launched a 4 billion yuan 7-day reverse repurchase operation and a 182 billion yuan medium-term lending facility (MLF) operation to maintain reasonable and sufficient liquidity in the banking system.
https://finance.sina.com.cn/jjxw/2024-06...4992.shtml