CitizenBane
2022-04-20

$Alibaba(BABA)$ The mid-March gains after Liu He's assurances has nearly been erased, largely due to Covid situation in China and PBOC's lack of easing (only RRR has been cut). Looks like Beijing will look toward propping economy only after they can fix outbreak. When that will be is anyone's guess. 

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Comments

  • ElvisMarner
    2022-04-20
    ElvisMarner
    They have run out of room to cut rates because the U.S. is starting to raise rates.
  • Maria_yy
    2022-04-20
    Maria_yy
    The performance of China's financial markets was a bit disappointing.
  • DonnaMay
    2022-04-20
    DonnaMay
    It seems that the People's Bank of China is preparing to cut interest rates recently.
  • Scoop
    2022-04-20
    Scoop
    ok
  • Hajin
    2022-04-20
    Hajin
    5
  • choyroro
    2022-04-20
    choyroro
    Ok
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