Global investors are snapping up Chinese bluechips from large consumer staples to financial firms again as the nation’s stocks rally on optimism about a reopening from Covid curbs.
Tagged By banking
China Injects Less Cash Than Expected Before Lunar Holidays
China’s central bank added less cash than expected into the banking system via policy loans while keeping the rate unchanged this month even with funding demand on the rise into Lunar New Year …
Biden’s classified documents found in think tank for UPenn, which has financial ties to China
Biden’s lawyers found classified documents in the former office of his Washington D.C. think tank in early November, CBS News first reported last Monday. The first set of documents from Biden’s time …
China c.bank injects fresh funds through medium-term policy loan, rate unchanged
China’s central bank rolled over maturing medium-term policy loan and injected fresh funds into the banking system on Monday, while keeping the interest rate unchanged for the fifth straight month, …
China’s PBOC Leaves Key Policy Rates Unchanged
China’s central bank kept its key policy rates unchanged on Monday, which may suggest a hold on benchmark lending rates later this month. The People’s Bank of China injected 779 billion yuan ($116.22 …
China: The PBoC inject liquidity to support growth but the yuan could turn weaker in March
The PBoC keeps the 1Y Medium Lending Facility rate at 2.75% but increases the volume of the facility by CNY79 billion in January. The market should …
China’s ‘economic reboot’ to offer boost to flagging world economy
China’s sudden reopening is set to offer a boost to a flagging world economy. The growth impulse will be felt through services sectors such as aviation, tourism and education as Chinese people pack …
UPDATE 1-China’s central bank injects fresh funds through medium-term loans, rate unchanged
China’s central bank stepped up liquidity injections on Monday, offering more loans to some banks through its medium-term lending facility – a move that comes ahead of the Lunar New Year when …
Will China Be The Ultimate Downfall For Tesla (TSLA)
The recent short covering rally in Tesla stock provides a better price point to position to profit on a further pullback in TSLA.
China’s bid to leave covid behind could determine global economy’s fate
The pace of China’s reopening, following the lifting of its draconian zero-covid policy last month, will shape the global outlook for growth and inflation. Stock prices for U.S. companies that serve …
China’s government to take ‘golden shares’ in Alibaba, Tencent to ensure influence over internet giants
Purchases of 1 per cent stakes by government entities suggest Beijing is acting to ensure greater control over key players in the world’s largest internet arena.
China’s 2022 economic growth weakest in four decades
Experts interviewed by AFP forecast an average 2.7 per cent year-on-year rise in China’s GDP, a sharp plunge from 2021 growth of more than 8 per cent. It could also be China’s slowest pace since…
Four pivots set to spur powerful cyclical rebound in China
Doha: Subdued global economic growth last year raised questions about the overall health of the Chinese economy. The country was for decades the …