China central bank kicks off 500 billion yuan swap facility to aid stock market
HONG KONG: China's central bank said on Thursday (Oct 10) it would start accepting applications from financial institutions to join a newly created funding scheme, initially worth 500 billion yuan (US$70.62 billion), to aid the capital market. The People's Bank of China (PBOC) said eligible securities firm
10 Oct 01:45 · CNA