PBOC RRR Cut Will Help the Market, Says Kingston Securities' Wong

PBOC RRR Cut Will Help the Market, Says Kingston Securities' Wong

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Interactive Video

Business

University

Hard

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The video discusses the anticipated changes in China's monetary policy, focusing on the State Council's decision to cut the reserve requirement ratio, releasing liquidity into the market. This move aims to support smaller and micro companies amid the US-China trade war. However, challenges persist for SMEs in securing loans from big banks. The video also analyzes the Shanghai Composite's performance, noting a 12% decline and predicting limited volatility for the rest of the year.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors does the speaker believe will affect the Shanghai Composite's performance moving forward?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's outlook on the potential for a market revival by the end of the year?

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