🚨China cut several interest rates overnight…

🚨China cut several interest rates overnight and injected more liquidity through Reverse Repo and MLF.

The goal is to boost Chinese stocks, although this move reflects a slowdown in activity (mainly in real estate). This liquidity will also reach the West.



Chinese stocks saw a significant pump following the announcements and stimulus measures.

But will this be enough to sustain the pump for long? I have my doubts.