MARKET
Chinese A-share open lower, coal miners, oil companies lead losses
The Shanghai Composite Index opens down 0.23% at 3,071.32, the Shenzhen Component Index down 0.21%, and the tech-heavy Chinext Price Index down 0.17%….
Hong Kong stocks open lower, tech heavyweights automakers, oil companies mostly down
The Hang Seng Index opens down 0.37%, the Hang Seng China Enterprises Index down 0.51%, and the Hang Seng Tech Index down 0.74%…
PBOC injects net zero liquidity to banking system via open market operation
The People’s Bank of China (PBOC) injects 2 billion yuan liquidity to the banking system via 7-day reverse repo on Tuesday, with rate unchanged at 1.8%, while 2 billion yuan reverse repo expires, leaving a net zero of injection on the day.
