China central bank conducts its first swap operation in an amount of 50 billion yuan
China central bank said it conducted its first swap operation involving securities, fund, and insurance companies for the amount of 50 billion yuan ($7.03 billion) on Monday. The People's Bank of China (PBOC) said 20 institutions participated in the auction and the fee rate is 20 basis points,
China's central bank conducts first SFISF operation
BEIJING - The People's Bank of China (PBOC) has conducted the first operation of the Securities, Funds and Insurance companies Swap Facility (SFISF), aiming to leverage the role of financial institutions better in stabilizing China's capital market, according to the central bank on Monday.
China central bank chief flags more interest rate cuts
BEIJING: China's central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end depending on liquidity conditions,
China central bank conducts first operations under swap facility to bolster stock market
China's central bank conducted its first operations on Monday under a swap facility designed to bolster the stock market, exchanging assets worth 50 billion yuan ($7 billion) with brokerages, fund companies and insurers.
China’s central bank moves to jolt stock market with 50-billion-yuan swap operation
The Chinese central bank’s swift enactment of swap facilities has raised market expectations of a firm implementation of monetary-easing policies to help drive up the country’s economic activities. The People’s Bank of China (PBOC) announced its first swap operation,
China Market Update: President Xi, People’s Bank Of China, And China Securities Regulatory Commission Trigger Rally, Week In Review
Asian equities were higher overnight as Hong Kong and Mainland China outperformed while South Korea underperformed.
China’s central bank to support qualified banks to join CIPS: deputy governor
The People's Bank of China (PBC), the central bank, will support qualified banks from different jurisdictions in ...
China urges swift implementation of expansive financial policies
China's central bank and financial regulators have held meetings with key financial institutions, urging them to swiftly ...
Barron's23d
The People's Bank of China Joins the Rate-Cut Party. Brace for More Stimulus.
Minutes before cutting its 14-day repurchase rate to 1.85%, it was announced that People's Bank of China governor Pan Gongsheng will give a surprise press conference on Tuesday. Deflation ...
Investing1d
People's Bank of China Loan Prime Rate
Gold prices rise after bumper Fed rate cut; copper upbeat on China stimulus By Investing.com - Sep 20, 2024 1 Investing.com-- Gold prices rose in Asian trade on Friday as the dollar fell following ...
China's September Lending Falls Short of Expectations
Chinese banks extended 1.59 trillion yuan ($225 billion) in new yuan loans in September, up 77% from August but falling short ...
China can cut taxes to spur spending on the road to economic recovery, ex-central bank official says
Raising the tax threshold for people in lower-income brackets would not dent government revenue, former PBOC statistics chief ...
China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
HONG KONG -- China's economy expanded at an annual rate of 4.6% in the July-September quarter, the government said Friday, in ...
China's listed companies rush to tap central bank funding for share purchases
More than 20 Chinese listed companies have announced plans to tap special central bank lending for share purchases, according ...