Right you lot - everyone STOP PANICKING! STAY CALM!
I guess that's the take away from PBOC boss Yi Gang:
fluctuations in A-share market on Tuesday were mainly affected by emotions
- Yi is "full of confidence" …. economic fundamentals remain sound
- resilience of economic growth has increased
- "We will proactively make relevant policies, comprehensively use various monetary policy tools, maintain a reasonable and stable liquidity, grasp the strength and tempo of structural deleveraging, promote steady economic health, and prevent systemic financial risks"
Well, that's good, I'm convinced! (inserts rollie-eye emoticon)
