In the past year, China has:

Cut RRR by 100bps to 9.5%
Cut LPR by 35bps to 3.1%
Cut interbank rates 8bps to 1.744%
Approved $1.4T in additional debt
Approved $1.4T in local govt debt swap
Approved $838B in additional local govt debt issuance
Cut rates on $5.3T of outstanding mortgages
Reduced the downpayment on new and 2nd hand home purchases from 25% to 15%
Approved tens of billions in loans to financial institutions and listed firms for share buybacks

Yes, they have been working to stimulate China’s $18 trillion economy on many fronts.

They are far from done.

$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $BILIBILI-W (09626.HK)$ $Bilibili (BILI.US)$ $Alibaba (BABA.US)$ $BABA-W (09988.HK)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

340K Views

Comment

Feirre

focus on hot stocks

529

Followers

Following

3099

Visitors

Market Insights

Popular Gold Mining Stocks Popular Gold Mining Stocks

Amidst the uncertain outlook of the trade war and escalating concerns about an economic recession, gold prices have repeatedly reached new highs this year, at one point surpassing $3,500 per ounce. This marks an almost 30% increase since the beginning of the year. For investors in U.S. equities, investing in gold mining stocks represents a significant opportunity to ride this wave. Amidst the uncertain outlook of the trade war and escalating concerns about an economic recession, gold prices have repeatedly reached new highs this year, at one point surpassing $3,500 per ounce. This marks an almost 30% increase since the beginning of the year. For investors in U.S. equities, investing in gold mining stocks represents a significant opportunity to ride this wave.

No. Symbol 5D % Chg