China Mulls Stock Stability Fund, Unlocks $113 Billion From PBOC

Bloomberg09-24

China is weighing plans for a stock stabilization fund, and will unleash at least 800 billion yuan ($113 billion) of initial liquidity support for its beleaguered equity market. Mainland and Hong Kong...

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Comments

  • TigerVision888
    09-24
    TigerVision888
    It's late, very late. But it's all well planned because of capital flight due to high interest rates in the US. Whatever China is doing now is trying to keep liquidity within the country to promote growth. But first, policy makers should first reward and revive it's stock market first, to uplift overall sentiment and wellbeing of investors which in turn encourages spending.
  • neo26000
    09-24
    neo26000
    Better late than never [Cool]  
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