SCMP: China to inject US$174 billion of liquidity into markets amid new coronavirus outbreak

  • China’s central bank has announced it will inject 1.2 trillion yuan (US$174 billion) into markets via reverse repo operations on Monday
  • Investors are bracing for the worst when markets resume following a new coronavirus outbreak that has dented China’s economic activity

China’s central bank will pump 1.2 trillion yuan (US$174 billion) into financial markets on Monday, as part of an effort by regulators to mitigate volatility when trading opens against the backdrop of a new coronavirus outbreak.

Investors in Shanghai and Shenzhen are bracing for a possibly brutal return to trading when markets resume for the first time since the Lunar New Year holiday.

The full article is available at https://www.scmp.com/economy/china-economy/article/3048618/china-inject-us174-billion-liquidity-markets-amid-new

Related Posts

Previous Post
New Investment Analytics teams are gathering securities finance data for portfolio construction and audit
Next Post
FIS releases global survey on policy responses to fintech

Fill out this field
Fill out this field
Please enter a valid email address.

X

Reset password

Create an account