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Zhu Hexin, Vice Governor of the People's Bank of China (PBOC) and Director of the State Administrative of Foreign Exchange (SAFE), said at the Global Financial Leaders' Investment Summit that the PBOC has lowered the reserve requirement ratio (RRR) by 0.5 ppts since the end of September, releasing about RMB1 trillion of ...
Recommend
51
Positive
119
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61
JPMorgan released a report indicating that the risk-reward for Chinese SOE banks' H-shares is becoming more unfavorable. As US-China trade tensions escalate, the macro environment is getting more challenging. If China's policy response exceeds expectations, A/H SOE banks may underperform growth companies. However, if the...
Recommend
20
Positive
39
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12
Gu Shu, Chairman of ABC (01288.HK)(601288.SH), met with Mark Tucker, Chairman of HSBC Group, and his delegation last Friday (15th), Chinese media reported. Gu introduced the recent operation of ABC, saying that the mainland China's economy, with development resilience, has its financial market continued to open up to the wor...
Recommend
80
Positive
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66
China Securities Regulatory Commission (CSRC) issued the “Regulatory Guidelines for Listed Companies No. 10 - Market Cap Management”, which will come into effect on the date of issuance, in order to thoroughly implement the Certain Opinions of the State Council on Strengthening Supervision and Preventing Risks and Pr...
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40
Positive
55
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20
Industry insiders believed that the underlying logic of current policies in the mainland has shifted, particularly with the central government's increased leverage potential becoming more apparent, Cailian Press reported. Specifically, on the monetary front, the general direction will continue to be accommodative, and there ...
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