LubomirRidzon @LubomirRidzon: "China’s central bank cut its..."

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China’s central bank cut its one-year loan prime rate Monday, while leaving its five-year rate unchanged. These decisions are weaker than expectations for more muscular policy intervention following a raft of data that pointed to faltering growth momentum in the world’s second-largest economy. $HKG50 , $3988.HK (Bank of China) , $1398.HK (Industrial And Commercial Bank of China) , $1288.HK (Agricultural Bank of China) , $0998.HK (China Citic Bank) Full article: www.cnbc.com/2023/08/21/china-loan-prime-rate-august-2023.html

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