Panic: China Central Bank Steps In To Bailout Stocks As Underwater Traders Pray For A Rebound

by Tyler Durden
ZeroHedge.com
07/05/2015

On Sunday, the China Securities Regulatory Commission announced that the PBoC is set to inject capital into China Securities Finance Corp which will use the funds to help brokerages expand their businesses and reinvigorate stocks. In other words, the PBoC is now in the business of financing leveraged stock buying.

The Rest…HERE

This entry was posted on Sunday, July 5th, 2015 at 12:27 pm and is filed under China, Economics. You can follow any responses to this entry through the RSS 2.0 feed.