China’s central bank is keeping its domestic banking system awash with cash amid Evergrande’s debt pressure. Photo: EPA-EFE
China’s central bank is keeping its domestic banking system awash with cash amid Evergrande’s debt pressure. Photo: EPA-EFE
A-shares

Hong Kong stocks pare gains as China’s liquidity injection fails to inspire while crypto-linked firms sink on crackdown

  • Hang Seng Index lost almost all its advance with no sign of resolution to Evergrande’s debt crisis while crypto-linked stocks slumped
  • CNOOC jumped on a plan to raise US$5.4 billion from onshore stock offering

Topic |   A-shares
China’s central bank is keeping its domestic banking system awash with cash amid Evergrande’s debt pressure. Photo: EPA-EFE
China’s central bank is keeping its domestic banking system awash with cash amid Evergrande’s debt pressure. Photo: EPA-EFE
READ FULL ARTICLE