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CN Banks Rebound Sharply on Anticipated Timely Rollout of Targeted RRR Cut
China is expected to implement a targeted required reserve ratio (RRR) reduction in due course, yet it is not expected to unleash much funds. Chinese lenders advanced generally on ...
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CN Banks Rebound Sharply on Anticipated Timely Rollout of Targeted RRR Cut
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2021/03/03 12:49
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China is expected to implement a targeted required reserve ratio (RRR) reduction in due course, yet it is not expected to unleash much funds.

Chinese lenders advanced generally on the news. CM BANK (03968.HK)  0.000 (0.000%)    Short selling $295.38M; Ratio 40.217%   and PSBC (01658.HK)  0.000 (0.000%)    Short selling $34.83M; Ratio 9.795%   leaped up to 7.28% and 5.01%, peaking at $62.6 and $6.08. ICBC (01398.HK)  0.000 (0.000%)    Short selling $411.71M; Ratio 32.499%   and ABC (01288.HK)  0.000 (0.000%)    Short selling $89.69M; Ratio 26.818%   surged up to 5.21% and 5.04%.
(Quote is delayed for at least 15 mins.Short Selling Data as at 2021-04-15 16:25.)



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