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Are the days of cheap finance for Chinese solar over?
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China Quants Saw Assets Shrink After Stock Meltdown Hit Returns
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Global fund managers have increased their exposure to Chinese yuan-traded stocks for a second month in March, indicating that foreign appetite for these shares is recovering.
The People’s Bank of China (PBOC) provided 150 billion yuan ($20.9 billion) worth of low-cost funds for lending to housing and infrastructure projects last month, stepping up support for the economy. The outstanding amount of the PBOC’s Pledged Supplemental Lending program to policy-oriented banks 3.4 trillion yuan at the end…
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