China’s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, the first such cut for the year as policymakers extend efforts to shore up a fragile economic…
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China doubles down on support for Hong Kong’s role as financial hub for wealth products, bonds and green finance
Beijing’s financial authorities have doubled down on their support for Hong Kong as China’s global financial hub, after the nation’s bank regulator promised to open the doors for more wealth …
China announces biggest bank reserve ratio cut since December 2021
China’s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, governor Pan Gongsheng said on Wednesday, the first such cut for the year as policymakers extend efforts…
China’s central bank announces policy easing as it seeks to boost growth
China pledged to reduce the amount of liquidity that its banks are required to hold as reserves early next month in its bid to boost its struggling economy.
China stocks jump again on plan for $139 billion cut to bank reserves
Chinese stocks jumped late in Asia trading Wednesday after the country’s central bank said it would soon loosen monetary policy to support the ailing economy.
Analysis-China’s Attempts to Lift Confidence in Economy Fall Flat
Analysts warn China’s struggle to get its message across to the broader … highlights from the Party’s annual economic conference and the twice-in-a-decade financial policy meeting. The first …
China to double down on support for Hong Kong as nation’s international financial hub for bonds, green finance, minister says at AFF
Beijing’s financial authorities will double down for their … The overture appeared to have resonated with Egypt’s finance minister Mohamed Maait, who said the country is exploring opportunities to …
China to cut banks’ reserve ratio by 50 basis points from Feb. 5
This comes after China vowed Monday to “strengthen the market’s inherent stability” amid a rout in the country’s onshore and offshore stock markets. The Chinese economy is fraught with financial risks …
China Officials Step Up Rhetoric to Lift Market Confidence
Chinese authorities boosted messages of policy support in a bid to stabilize market confidence, underscoring the heightened concern to stem the rout in stocks.The nation’s state-owned enterprise …
China’s Securities Regulators Urge Hedge Funds To Curb Short Selling Amid Market Turmoil: Report
One hedge fund manager disclosed that the China Financial Futures Exchange (CFFEX) had cautioned against reckless short selling, particularly “naked” short selling that is not conducted for hedging …
Exclusive: China regulators ask funds to restrict short selling of stock index futures -sources
A hedge fund manager said he received calls from China’s financial futures exchange, cautioning against reckless short selling, especially “naked” short selling conducted not for hedging purposes.
China’s Stocks Leap on Stimulus Report. Baby Bust, Other Woes, May Mean Aid Falls Short.
T he continued slide in Chinese stocks toward lows set more than a decade ago may be mobilizing Beijing’s policymakers into action. But it isn’t clear if it will be enough to help the country’s…
Xi’s corruption crackdown targets troubled finance sector
Xi Jinping’s crackdown on official corruption has ripped through a secretive missile force, the Communist Party elite, the national football team, and now risks hammering a finance industry already …