PBOC capital requirement cut creates further opportunities for investing in Chinese financials

The decision by the People’s Bank of China (PBOC) allows Chinese banks’ capital requirement ratio to drop to 19.5%, 50 basis points from the previous reserve requirement ratio (RRR), meaning that up to RMB600 billion (US$96 billion) has now been made available to Chinese lenders, and is a sign of things to come, according to Hang Seng’s Belle Liang. Belle Liang,…

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