cover of episode PBOC stimulus sends China equities soaring

PBOC stimulus sends China equities soaring

2024/9/27
logo of podcast Squawk Box Europe Express

Squawk Box Europe Express

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The PBOC’s rate cuts come into effect with trillions of yuan worth of further stimulus measures potentially due next week. Beijing’s stimulus blitz causes Chinese equities to soar with markets on track to notching their best week since 2008. Commerzbank and Unicredit sit down for negotiations for the first time since the Italian lender aggressively increased its stake. Commerzbank shares are at their highest level in more than a decade on the back of upgraded targets. We are live in Tokyo where voting is underway to decide the next leader of the ruling LDP party.

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