Express News | Wall Street Journal Reports U.S. House Committee Leaders Urge Rethink Of Banking Ties With Hong Kong, Citing Money-Laundering And Sanctions Evasion

Benzinga49minutes ago

Asia-Pacific Markets Mixed as Traders Digest Latest Monetary Decision From the PBOC

Seeking Alpha01:16 ET

PBoC Holds MLF Rate Steady for Second Month

Seeking Alpha00:51 ET

In November, the MLF volume continued to shrink. Previously, the 500 billion buy-back reverse repurchase has released medium-term liquidity ahead of schedule. The industry expects the reserve requirement ratio cut to be implemented faster.

①The funding operation mode of shortening and lengthening funds continues. On the one hand, the central bank continues to reduce the MLF operations volume, reduce the existing stock to mitigate its impact on the liquidity market. On the other hand, short-term funds continue to be net injected to hedge against cross-month fund pressure, strengthening the guiding position of reverse repurchase agreements on market interest rates. ②Local government bonds are centrally supplied, and the MLF is likely to see a quicker implementation under the reduced volume environment.

cls.cn22:40 ET

Asia-Pacific Markets Trade Mixed, Investors Assess Japan Inflation and Singapore GDP Data

Seeking AlphaNov 22 01:19 ET

Rare! This rural commercial bank is offering a 5-year fixed deposit interest rate of 1.5%, which is lower than the 1.55% level of state-owned banks. It is referred to as a "case" in the industry.

①Recently, Wuxiang Rural Commercial Bank adjusted the deposit execution interest rates, lowering the execution interest rates for personal fixed-term deposits of two years, three years, and five years to 1.5%, with the five-year execution interest rate being lowered below the lowest level of the state-owned banks' published rates. ②The phenomenon of the aforementioned rural commercial bank reducing rates beyond the mid- to long-term levels of state-owned banks is still considered an isolated case.

cls.cnNov 20 10:05 ET