PBoC injects CNY 0.5bln via 7-day reverse repos with the rate at 1.40%
The PBoC's injection of CNY 0.5 billion via 7-day reverse repos at a rate of 1.40% signals a proactive measure to manage liquidity amid prevailing economic conditions.
Alibaba (9988 HK)-backed Zelos is said to plan HK IPO
Members of the Trump administration discussed plans to save Spirit Airlines at a meeting on Tuesday night, according to WSJ citing sources; Commerce Secretary Lutnick argued that rescuing the airline would help the GOP in the midterms
PBoC injects CNY 0.5bln via 7-day reverse repos with the rate at 1.40%
PRE-MARKET CHINESE STOCKS NEWS: Alibaba (9988 HK) and Tencent (700 HK) are in talks to invest in DeepSeek
Microsoft (MSFT) was reportedly considering the purchase of Cursor before the acquisition by SpaceX, according to CNBC
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This action is aligned with their ongoing efforts to support the economy, and could suggest a continued accommodative stance that may influence market sentiment and both domestic and foreign investment flows into China.
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