A woman walks past a screen displaying Hang Seng Index in February 2022. Photo: Reuters
Hong Kong stocks hit one-week low as PBOC tempers easing bets, China Merchants Bank sinks
- China’s central bank issued guidelines on its approach to support the Covid-hit economy, also avoided any mention of reserve requirement ratio
- China Merchants Bank sank after the board on Monday voted 15-0 to remove Tian Huiyu as president and director without giving a reason
A woman walks past a screen displaying Hang Seng Index in February 2022. Photo: Reuters