Blog: PBOC's Pan Says China Will Cut RRR for Banks in Early February

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4 comment(s). Last comment by qqq47660 2024-01-24 22:15

beinvested

2,446 posts

Posted by beinvested > 2024-01-24 18:31 | Report Abuse

Large investment funds were overwhelmed with dread and losing hope with one of them even has given up/surrendered. It is hard to believe their results and they themselves did not expect it.

https://www.straitstimes.com/business/hedge-fund-stars-who-got-china-wrong-are-paying-a-big-price

https://www.businesstimes.com.sg/companies-markets/banking-finance/singapore-hedge-fund-asia-genesis-shuts-after-big-mistake-china

qqq47660

9,006 posts

Posted by qqq47660 > 2024-01-24 21:38 | Report Abuse

China has plenty of tools. ...and most important, China is not collapsing

qqq47660

9,006 posts

Posted by qqq47660 > 2024-01-24 21:39 | Report Abuse

China will make sure those shortlists are punished

qqq47660

9,006 posts

Posted by qqq47660 > 2024-01-24 22:15 | Report Abuse

when hedge funds that long China short Japan go bankrupt, its time for China to act.

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