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PBOC stimulus sends China equities soaring

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Manage episode 442203989 series 2508762
Content provided by CNBC International. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC International or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The PBOC’s rate cuts come into effect with trillions of yuan worth of further stimulus measures potentially due next week. Beijing’s stimulus blitz causes Chinese equities to soar with markets on track to notching their best week since 2008. Commerzbank and Unicredit sit down for negotiations for the first time since the Italian lender aggressively increased its stake. Commerzbank shares are at their highest level in more than a decade on the back of upgraded targets. We are live in Tokyo where voting is underway to decide the next leader of the ruling LDP party.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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1414 episodes

Artwork
iconShare
 
Manage episode 442203989 series 2508762
Content provided by CNBC International. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC International or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The PBOC’s rate cuts come into effect with trillions of yuan worth of further stimulus measures potentially due next week. Beijing’s stimulus blitz causes Chinese equities to soar with markets on track to notching their best week since 2008. Commerzbank and Unicredit sit down for negotiations for the first time since the Italian lender aggressively increased its stake. Commerzbank shares are at their highest level in more than a decade on the back of upgraded targets. We are live in Tokyo where voting is underway to decide the next leader of the ruling LDP party.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

1414 episodes

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