Shadow Bank Crackdown Prompts China Cash Crunch

New safety system threatens lenders with punishment if credit grows too fast

BING NEWS:
  • Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
    Fear not, says a team of equity strategists at Bank of America, led by Vivek Arya: a sell-off for the semiconductor sector is typical in April, things tend to get better in May, and Nvidia is now ...
    04/25/2024 - 1:44 am | View Link
  • China Central Bank Remarks Suggest Bond-Trading Liquidity Boost Not Imminent
    The PBOC has reinforced views that it is unlikely to deliver a big liquidity boost via bond trading after the finance ministry voiced support for the central bank to resume such trading.
    04/23/2024 - 6:48 pm | View Link
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