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

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