A wall of maturing debt and a surge in seasonal demand for cash will test China’s financial markets this month, putting pressure on the central bank to ensure sufficient liquidity.
- L&T Shares Trade With Nominal Losses Despite Securing Orders
- Daily vs Weekly SIP: Which Can Supercharge Your Portfolio to the Million-Mark?
- Rail Vikas Nigam Shares Take a Hit Despite Rs 165 Crore Order
- Lupin Shares Gain 1% as Unit Receives EIR Status from USFDA
- Glenmark Unit Signs Exclusive NSCLC Drug Pact with Hansoh Pharma; Shares Drop 1%
Demand for liquidity may total about 4.5 trillion yuan ($708 billion) in January, 18 per cent more than the amount seen last year, according to calculations by Bloomberg based on official data and analysts’ estimates. An increase in the amount of policy loans coming due and demand for cash to be spent during the Lunar New Year, which takes place earlier in 2022, are drivers.
Live
