Latest Breaking News On - Wuliangye yibin co - Page 5 : comparemela.com

PBOC’s Cash Injection Disappoints Stock Traders Wanting More Bloomberg 3 hrs ago Bloomberg News (Bloomberg) The People’s Bank of China signaled its intention to contain rising leverage by adding just enough cash to maintain medium-term liquidity. Stocks fell as expectations that the central bank would loosen its purse string were dashed. The PBOC injected 150 billion yuan ($23 billion) into the financial system on Thursday with its medium-term lending facility. That more-or-less matches the 100 billion yuan due and 56.1 billion yuan of targeted loans maturing on April 25. While money markets barely reacted, the decline in stocks showed how equity traders are struggling to come to terms with plans by Chinese policy makers to gradually wind back pandemic-fueled stimulus. The test for the economy will come in the weeks ahead as banks need to help corporate clients pay taxes, and as sales of government bonds are forecast to accelerate.

New zealandZhang gangXing zhaopengAsia pacificTommy xieCentral china securities coKweichow moutai coWuliangye yibin coPeople bankChinese banking corpChina huarong asset management coAustralia new zealand banking group ltdCentral china securitiesBloomberg no mercyKweichow moutaiNew zealand banking group