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PBOC
Posted 21/10/2024

PBOC Cuts Benchmark Lending Rates to 3.1% in Bid to Boost Economy

On Monday, the People's Bank of China (PBOC) announced the reduction of its main...

PBOC
Posted 18/10/2024

China Initiates $112.38 Billion Injection into Stock Market Through Funding Schemes

The People's Bank of China (PBOC), on Friday, has launched two funding schemes aimed...

PBOC
Posted 15/10/2024

Chinese Banks Expect to Lower Deposit Rates Within This Week

Chinese banks are anticipated to reduce interest rates on approximately 300 trillion yuan worth...

PBOC
Posted 10/10/2024

PBOC Initiates CNY 500 Billion Funding Scheme to Support Capital Market

The People's Bank of China (PBOC) announced on Thursday the commencement of applications from...

Posted 30/09/2024

China Implements Measures to Ease Mortgage Costs for Millions of Homeowners

China has taken significant measures to lower borrowing costs on a massive $5.3 trillion...

Posted 27/09/2024

Hang Seng Tech Index Surges 7% along with China’s Blue Chip Following Series of Stimulus Packages

The Hang Seng Tech Index experienced a significant increase of over 7% on Friday,...

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