Swap facility lets brokers, asset managers and insurance companies exchange assets with poorer liquidity, enabling them to get liquid assets for stock purchases.
FINANCE
China’s central bank moves to jolt stock market with 50-billion-yuan swap operation
Swap facility lets brokers, asset managers and insurance companies exchange assets with poorer liquidity, enabling them to get liquid assets for stock purchases.
China’s central bank conducts first Swap Facility transaction
The People’s Bank of China, the country’s central bank, has launched the first operation of a new swap facility aimed at boosting stock market liquidity, with the first stock buying transaction …
China c.bank conducts first operations under swap facility to bolster stock market
China central bank said it conducted its first swap operation involving securities, fund, and insurance companies for the amount of 50 billion yuan ($7.03 billion) on Monday.
HSBC breaks up bank amid growing tensions between China and the West
HSBC has unveiled a sweeping overhaul of its bank separating its UK division from its Asia business amid growing geopolitical tensions between China and the West.The lender on Tuesday announced that …
China Cuts Benchmark Lending Rates as Easing Push to Boost Economy Continues
China’s commercial lenders cut their benchmark lending rates in a highly anticipated move as policymakers intensify efforts to boost the ailing economy.
China: Global financial institutions increase investments in Chinese assets
China – Global financial institutions increase investments in Chinese assets (Voice_over) A broader than expected stimulus package announced by Chinese authorities is prompting international financial …
Chinese share buybacks hit record high as Beijing steps up support
There have been Rmb235bn ($33bn) in buybacks across mainland-listed shares so far in 2024, more than double last year’s total and far surpassing the previous record of Rmb133bn in 2022, according to …
The Social Media App Defying China’s Tech Slump
Xiaohongshu has a devoted domestic following and a growing band of international users. An IPO in Hong Kong could be its next step.
China central bank conducts first operations under swap facility to bolster stock market
China’s central bank conducted its first operations on Monday under a swap facility designed to bolster the stock market, exchanging assets worth 50 billion yuan ($7 billion) with brokerages, fund …
China’s Economic Moves Fail to Impress Big Stocks as Alibaba, NIO Fall. Here’s Why.
China’s central bank cut two key interest rates on Sunday, which was enough to help the Shanghai Composite Index to an incremental increase on Monday. Hong Kong’s Hang Seng index, on the other hand, …
China central bank conducts its first swap operation in an amount of 50 billion yuan
China central bank said it conducted its first swap operation involving securities, fund, and insurance companies for the amount of 50 billion yuan ($7.03 billion) on Monday. The People’s Bank of …
China Cuts Key Lending Rates as Easing Push Intensifies
China’s banks cut their main lending rates, in a well-telegraphed move, as policymakers intensify their efforts to boost the slowing economy. Find out more: …
ADVERTISEMENT
