China stocks surge after record liquidity injection

<img width="250" height="167" src="https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-China-stocks-surge-after-record-liquidity-injection-5664259299-iStock-1323700366-250×167.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-China-stocks-surge-after-record-liquidity-injection-5664259299-iStock-1323700366-250×167.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-China-stocks-surge-after-record-liquidity-injection-5664259299-iStock-1323700366-700×467.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-China-stocks-surge-after-record-liquidity-injection-5664259299-iStock-1323700366-768×512.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-China-stocks-surge-after-record-liquidity-injection-5664259299-iStock-1323700366-120×80.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-China-stocks-surge-after-record-liquidity-injection-5664259299-iStock-1323700366-245×163.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-China-stocks-surge-after-record-liquidity-injection-5664259299-iStock-1323700366-500×333.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-China-stocks-surge-after-record-liquidity-injection-5664259299-iStock-1323700366.jpg 1254w" sizes="(max-width: 250px) 100vw, 250px" /><p>With 650bn yuan worth of MLF loans set to expire in December, the operation resulted in a net injection of 800bn yuan into the banking system, marking the most substantial monthly increase on record.</p>
<p>The positive momentum extended beyond financial markets, with Chinese property stocks rallying due to the extension of eased home-buying restrictions to Beijing and Shanghai. Investors believe this move will stimulate demand in the real estate sector.</p>
<p>Brokerages also saw gains after the China Securities Regulatory Commission (CSRC) committed to expediting the establishment of first-class investment banks and investment institutions.</p>
<hr />
<p><a href="https://finaffiliates.us20.list-manage.com/subscribe/post?u=e0dd4d77c259eb270712a4eeb&amp;id=fd200b8f75&amp;v_id=4291&amp;f_id=00946ce6f0" target="_blank" rel="noopener">Don’t miss out on the latest news, subscribe to LeapRate’s newsletter</a></p>
<hr />
<p>While the economic outlook appeared promising, there were signs of renewed weaknesses in key economic indicators. Retail sales, a vital metric for domestic consumption, grew by 10.1% year-on-year in November, surpassing October’s 7.6% but falling short of the 12.9% expected by economists. Moreover, retail sales contracted by 0.06% from the previous month.</p>
<p>Industrial production showed resilience, rising to 6.6% year-on-year from October’s 4.6%. Fixed-asset investment maintained a growth rate of 2.9% from January to November, consistent with the first ten months of the year. The urban surveyed unemployment rate in November remained stable at 5%, the same rate as in October.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/forex/china-stocks-surge-after-record-liquidity-injection/">China stocks surge after record liquidity injection</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>