China Abruptly Unleashes $113,000,000,000 in Liquidity, Propping Up Stock Market and Powering Major Rally
29 September 2024 - 12:30AM
The Daily Hodl
China has announced it will allow institutional investors to use
central bank financing to make stock purchases. The Chinese
government is now looking at creating a market stabilization fund
starting with an initial pool of 800 billion yuan – $113 billion –
to be injected into equities markets, Bloomberg reports. Governor
Pan Gongsheng said Beijing […]
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China Abruptly Unleashes $113,000,000,000 in Liquidity, Propping Up
Stock Market and Powering Major Rally appeared first on
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Continue reading China Abruptly Unleashes
$113,000,000,000 in Liquidity, Propping Up Stock Market and
Powering Major Rally
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China Abruptly Unleashes $113,000,000,000 in
Liquidity, Propping Up Stock Market and Powering Major Rally
appeared first on
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