Stock market today: Asian shares gain as China releases plan for market support
Asian shares are higher after China's central bank released plans for supporting stock markets through share repurchases.
China rolls out $112 bln funding schemes to bolster stock market
China's central bank kicked off two funding schemes on Friday, that will initially pump as much as 800 billion yuan ($112.38 billion) into the stock market through newly-created monetary policy tools.
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China kicks off 800 billion yuan funding schemes to support stock market
CHINA’S central bank kicked off two funding schemes on Friday (Oct 18) that will initially pump 800 billion yuan (S$147.6 billion) into the stock market through newly-created monetary policy tools. Read more at The Business Times.
China kicks off $112 billion funding schemes to support stock market
China's central bank kicked off two funding schemes on Friday that will initially pump 800 billion yuan ($112.38 billion) into the stock market through newly-created monetary policy tools. The People's Bank of China (PBOC) spelt out operational details of the swap and relending schemes first announced in late September,
China Central Bank Launches 800 Billion Yuan Funding to Boost Stock Market Stability
Chinas Central Bank Initiates 800 Billion Yuan Funding Schemes On Friday, the Peoples Bank of China (PBOC) launched two significant funding schemes, injecting up to 800 billion yuan ($112.38 billion) into the
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