People's Bank of China open market operations

  • To inject 170 bn yuan through 7-day reverse repos
  • To inject 20 bn yuan through 14-day reverse repos
  • To inject 10 bn yuan through 28-day reverse repos

Appears to be a net injection of 140bn yuan today to the money market - a big injection liquidity

A strengthening for the CNY against the USD after a run of 5 consecutive days of weakening.

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Earlier from China today:

  • China press: China stock market should not over-react to stronger regulation
  • People's Bank of China says they'll avoid any extreme volatility in liquidity

And also this from PIMCO:

  • PIMCO: China credit impulse decline sharper, more extreme - material drag on growth