Reuters survey: More than 90% of respondents expect China's ...

Reuters survey: More than 90% of respondents expect China's LPR to remain on hold in October and follow MLF interest rate anchors to stabilize

$Alibaba(BABA.US)$ $DiDi Global (Delisted)(DIDI.US)$ China's central bank's October loan market quote rate (LPR) will be released on Wednesday (20th). According to a Reuters survey, considering that this month's mid-term lending facility (MLF) renewal operating interest rate has remained flat for the 18th consecutive month, 95% of respondents predict that LPR quotations will continue to remain unchanged this month. Of the 20 respondents, 19 are expected to remain unchanged for one year and five years, and one is expected to decrease by 5bp in one year and remain unchanged for five years

Article excerpted from Reuters Financial Morning Post