CHINA MACRO: Our view post the 25bps rate cut – MORE EASING NEEDED
We had thought the PBOC would move this weekend, however we were hoping they would move to reduce rates by 50bps. The economy is unquestionably...
234 Views
A-SHARES & LEVERAGE - "Index Adjustment Can't Be Avoided in the Short-Term"? (Xinhua)
Xinhua News Agency told us in a flurry of four articles yesterday the previous day's sharp fall "wasn't the end of the bull market, but could "help...
361 Views
A-Share Margin: Gorillas and Grandfather Clocks
After questioning Toyota, as every good investor should right now, I turn my attention back to Chinese A-share margin positions. In a piece a bit...
427 Views
CHINA MACRO: ECB style QE rumour unlikely to be true - BUT expect more LGFE measures
China’s central bank is considering taking a page from Europe’s financial-crisis handbook to free up more credit as growth in the world’s...
278 Views
CHINA MACRO/POLICY: Thoughts post the 100bps RRR cut - POSITIVE MOVE . Expect more easing near term
The PBOC has announced a 100bps cut of Banks’ Reserve Requirement Ratio, in line with our estimates, but larger than street consensus. We believe...
237 Views