News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>JPM: CN Cuts Policy Rates, In Line; Top Picks CCB & CMB
JP Morgan’s research report highlighted a joint press conference held on May 7, 2025, by the People’s Bank of China (PBOC) and the National Financial Regulatory Adminis...
Reset
Send
The window will close in 5 seconds
<Research>JPM: CN Cuts Policy Rates, In Line; Top Picks CCB & CMB
Close
Recommend
35
Positive
56
Negative
20
 
SHORT SELL
 
STOCK INFO

JP Morgan’s research report highlighted a joint press conference held on May 7, 2025, by the People’s Bank of China (PBOC) and the National Financial Regulatory Administration (NAFR), unveiling a package of market-stabilizing financial policies, which are anticipated to have positive impact.

The PBOC will pump approximately RMB2.1 trillion in liquidity through a reserve requirement ratio (RRR) cut and expanded re-lending tools, alongside a 10bps policy rate reduction, in line with expectations, the broker opined.

Related NewsBOCI Chops ICBC's TP to $7.14, Keeps Rating as Buy
JP Morgan noted that the policies’ overall impact on NIM forecasts is limited. However, the liquidity injection and rate cuts may suppress China’s 10-year government bond yields, bolstering bank dividend spreads. Among Chinese banks, JP Morgan favored CCB (00939.HK)  +0.040 (+0.605%)    Short selling $198.24M; Ratio 8.202%   and CM BANK (03968.HK)  +0.700 (+1.549%)    Short selling $154.86M; Ratio 11.368%   .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-08 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.