- Analytics
- News and Tools
- Market News
- China regulator urges interbank liquidity support for smaller non-banks
China regulator urges interbank liquidity support for smaller non-banks
China’s securities watchdog has told several large non-bank financial institutions to lend more to smaller non-bank institutions in the interbank market to ease a liquidity crunch, sources with direct knowledge of the matter told.
Li Chao, vice chairman of China Securities Regulatory Commission (CSRC), delivered the message during a meeting on Sunday. According to the minutes, Li urged large non-bank institutions not to cut off smaller non-banks as counterparties in the interbank market.
Li also told them to increase their lending quota for short-term bonds and offer more financing tools to support small securities firms and funds, the minutes showed.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
