China Launches CNY500 Billion In "Stealth QE"

It has been a while since the PBOC engaged in some “targeted” QE. So clearly following the biggest drop in the Shanghai Composite in 6 months after some abysmal Chinese economic and flow data in the past several days, it’s time for some more. From Bloomberg: CHINA’S PBOC STARTS 500B YUAN SLF …

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China Launches CNY500 Billion In "Stealth QE"

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