HK stocks end higher as China’s RRR cut aids financial shares

April 18 (Reuters) - Hong Kong stocks rose on Wednesday, breaking a four-day losing streak, as China’s surprise cut in banks’ reserve requirement ratios buoyed financial shares. ** The Hang Seng index rose 0.7 percent, to 30,284.25, while the China ... ( read original story ...)

Central bank moves to cut lenders’ funding costs

China's central bank announced a cut in some financial institutions' reserved cash amount by 1 percentage point from April 25 to support small and micro enterprises and stabilize liquidity in the banking system, according to a statement on its website ... ( read original story ...)

China stocks open higher after surprise RRR cut

SHANGHAI, April 18 (Reuters) - China stocks opened about 1 percent higher, led by the financial sector, after the central bank said it would cut banks’ reserve requirements in a surprise move seen as supporting lender profits. China’s blue-chip CSI300 ... ( read original story ...)