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bxt

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- bxtbxt
  ·2021-07-21
  Please like, thank you:)
  Wall Street bounces back on renewed economic optimism
  NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-d
  Wall Street bounces back on renewed economic optimism
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- bxtbxt
  ·2021-07-09
  Good news for the chinese companies!
  China cuts reserve requirement ratio for all banks
  LONDON, July 9 (Reuters) - China has cut the reserve requirement ratio $(RRR)$ for all banks by 50 b
  China cuts reserve requirement ratio for all banks
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- bxtbxt
  ·2021-06-29
  As usual, do your own due diligence before you invest in any stocks. Do not blindly invest.
  Sorry, this post has been deleted
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- bxtbxt
  ·2021-06-20
  Please help to like, thank you!
  Sorry, this post has been deleted
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- bxtbxt
  ·2021-06-17
  Please help to like :)
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- bxtbxt
  ·2021-06-16
  Please help to like :)
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- bxtbxt
  ·2021-06-12
  Please like and reply :)
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- bxtbxt
  ·2021-06-11
  Please help to like and comment. Thanks!
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- bxtbxt
  ·2021-06-08
  Pls like and comment :)
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- bxtbxt
  ·2021-06-07
  Comment and like please :)
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Street ended sharply higher on Tuesday, rebounding from a multi-d","content":"<p>NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.</p>\n<p>All three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.</p>\n<p>The S&amp;P notched its first advance in four days as well as registering its strongest day since March. 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Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"</p>\n<p>Mounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.</p>\n<p>\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"</p>\n<p>The Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&amp;P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.</p>\n<p>Second-quarter reporting season has hit full-stride, with 56 of the companies in the S&amp;P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.</p>\n<p>Analysts now see annual S&amp;P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.</p>\n<p>Halliburton Co&nbsp;rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.</p>\n<p>Peloton Interactive Inc&nbsp;advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.</p>\n<p>Moderna's&nbsp;stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&amp;P 500 on Wednesday.</p>\n<p>Netflix Inc&nbsp;shares dipped more than 3% in after- hours trading after its forecast missed estimates.</p>\n<p>Shares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.</p>\n<p>Volume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street bounces back on renewed economic optimism</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street bounces back on renewed economic optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 04:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.</p>\n<p>All three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.</p>\n<p>The S&amp;P notched its first advance in four days as well as registering its strongest day since March. The Nasdaq posted its first gain in six sessions.</p>\n<p>\"It’s a buy-the-dip mentality coming into the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p>\n<p>Economically sensitive small caps&nbsp;and transports&nbsp;outperformed the broader market.</p>\n<p>Benchmark U.S. Treasury yields bounced back from five-month lows, in the wake of their biggest single-session decline since February in the prior session . This helped boost rate-vulnerable banks by 2.6%.</p>\n<p>\"The economically sensitive stocks are up today,\" Carlson added. \"When the 10-year (Treasury yield) goes down in a short period of time, that typically doesn’t happen with an economy that’s supposed to be growing. Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"</p>\n<p>Mounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.</p>\n<p>\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"</p>\n<p>The Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&amp;P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.</p>\n<p>Second-quarter reporting season has hit full-stride, with 56 of the companies in the S&amp;P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.</p>\n<p>Analysts now see annual S&amp;P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.</p>\n<p>Halliburton Co&nbsp;rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.</p>\n<p>Peloton Interactive Inc&nbsp;advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.</p>\n<p>Moderna's&nbsp;stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&amp;P 500 on Wednesday.</p>\n<p>Netflix Inc&nbsp;shares dipped more than 3% in after- hours trading after its forecast missed estimates.</p>\n<p>Shares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.</p>\n<p>Volume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","TQQQ":"纳指三倍做多ETF","PSQ":"做空纳斯达克100指数ETF-ProShares","MRNA":"Moderna, Inc.","SQQQ":"纳指三倍做空ETF","QQQ":"纳指100ETF","OEF":"标普100指数ETF-iShares","IVV":"标普500ETF-iShares","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares","SSO":"2倍做多标普500ETF-ProShares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","DDM":"2倍做多道指ETF-ProShares","DJX":"1/100道琼斯","OEX":"标普100","SDOW":"三倍做空道指30ETF-ProShares","NFLX":"奈飞","UDOW":"三倍做多道指30ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares","DOG":"道指ETF-ProShares做空","UPRO":"三倍做多标普500ETF-ProShares","QNETCN":"纳斯达克中美互联网老虎指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153924256","content_text":"NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.\nAll three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.\nThe S&P notched its first advance in four days as well as registering its strongest day since March. The Nasdaq posted its first gain in six sessions.\n\"It’s a buy-the-dip mentality coming into the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.\nEconomically sensitive small caps and transports outperformed the broader market.\nBenchmark U.S. Treasury yields bounced back from five-month lows, in the wake of their biggest single-session decline since February in the prior session . This helped boost rate-vulnerable banks by 2.6%.\n\"The economically sensitive stocks are up today,\" Carlson added. \"When the 10-year (Treasury yield) goes down in a short period of time, that typically doesn’t happen with an economy that’s supposed to be growing. Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"\nMounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.\n\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"\nThe Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.\nOf the 11 major sectors in the S&P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.\nSecond-quarter reporting season has hit full-stride, with 56 of the companies in the S&P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.\nAnalysts now see annual S&P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.\nHalliburton Co rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.\nPeloton Interactive Inc advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.\nModerna's stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&P 500 on Wednesday.\nNetflix Inc shares dipped more than 3% in after- hours trading after its forecast missed estimates.\nShares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.\nAdvancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.\nThe S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.\nVolume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"SH":0.9,"SSO":0.9,"UDOW":0.9,"QID":0.9,"SPXU":0.9,"MRNA":0.9,"DJX":0.9,"QNETCN":0.9,"ESmain":0.9,"DXD":0.9,"PSQ":0.9,"SDS":0.9,"QLD":0.9,"NQmain":0.9,"NFLX":0.9,"SQQQ":0.9,"IVV":0.9,"QQQ":0.9,"OEF":0.9,"OEX":0.9,"DDM":0.9,"DOG":0.9,"TQQQ":0.9,"SDOW":0.9,"MNQmain":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":2339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141102886,"gmtCreate":1625840885245,"gmtModify":1703749680171,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"Good news for the chinese companies!","listText":"Good news for the chinese companies!","text":"Good news for the chinese companies!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141102886","repostId":"2150779473","repostType":4,"repost":{"id":"2150779473","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625839507,"share":"https://ttm.financial/m/news/2150779473?lang=&edition=fundamental","pubTime":"2021-07-09 22:05","market":"us","language":"en","title":"China cuts reserve requirement ratio for all banks","url":"https://stock-news.laohu8.com/highlight/detail?id=2150779473","media":"Reuters","summary":"LONDON, July 9 (Reuters) - China has cut the reserve requirement ratio $(RRR)$ for all banks by 50 b","content":"<p>LONDON, July 9 (Reuters) - China has cut the reserve requirement ratio <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> for all banks by 50 bps, releasing around 1 trillion yuan ($154 billion) in long-term liquidity to underpin a post-COVID economic recovery that is starting to lose momentum.</p>\n<p>Below are analysts' views on the move:</p>\n<p>MANIK NARAIN, HEAD OF EM STRATEGY, UBS, LONDON</p>\n<p>\"It is not clear at all that it is opening the floodgates of liquidity into the system - I think it is, however, China showing the world that there is a limit to how much tightening (in the money markets) it will allow.\"</p>\n<p>\"China was first in, first out (with COVID policy support) - it effectively started tightening (monetary policy) in Q3 last year - so now it is possible that the message is, if you are thinking about global significance, that the PBOC is showing that economies are still somewhat fragile and inflation is not likely to be too damaging over the medium term.\"</p>\n<p>ZHIWEI ZHANG, CHIEF ECONOMIST, PINPOINT ASSET MANAGEMENT, HONG KONG</p>\n<p>\"Some market analysts expect a targeted RRR cut for part of the banking sector, but the PBOC cut across the board for all banks. We continue to expect June macro data to show further slowdown, particularly in consumption. Retail sales already disappointed in April and May.\"</p>\n<p>\"Moreover, China’s unbalanced recovery paints a worrying picture for other countries who just started to recover from the pandemic. The new normal of economic growth may be slower than the pre-COVID period, and this may last much longer than expected.\"</p>\n<p>GUSTAVO MEDEIROS, DEPUTY HEAD OF RESEARCH, ASHMORE GROUP, LONDON</p>\n<p>\"The 50-bps cut in reserve requirement ratio came slightly earlier than most expected. China is likely to ease monetary policy via RRR cuts and OMO operations in order to allow for more local government bond issuance. This will support strategic infrastructure investment such as railways and 5G rollout. We expect fiscal policy to remain focused on specific sectors most affected by the pandemic like small companies. We also expect macro prudential tightening on the property market to remain in place.\"</p>\n<p>RAYMOND YEUNG, CHIEF ECONOMIST GREATER CHINA, ANZ, HONG KONG</p>\n<p>\"We believe the PBOC’s move today is intended to demonstrate that China has a variety of policy tools to conduct monetary policy. The authorities continue to emphasise that their policy stance is flexible.\"</p>\n<p>\"Today's RRR cut is almost equivalent to a broad-based easing, as it will release about 1 trillion Chinese yuan in funds. We see today’s cut as a move to offset the increased need for liquidity seen hitherto in July, which has caused market volatility recently.\"</p>\n<p>JULIAN EVANS-PRITCHARD, <a href=\"https://laohu8.com/S/SNR.UK\">SENIOR</a> CHINA ECONOMIST, CAPITAL ECONOMICS</p>\n<p>\"Our assessment is that the PBOC is trying to nudge banks to lower lending rates without shifting its broader policy settings, such as its quantitative controls on credit. If we are right, then the near-term economic implications of the RRR cut are likely to be small. History suggests that China’s economic performance is much more sensitive to the quantity of credit available rather than its price.\"</p>\n<p>\"The bond market appears to be responding to this turn in the cycle by pricing in lower interest rates over the medium term, which is something we’d been expecting. Even prior to the RRR announcement, hints earlier this week that a cut was coming led China’s 10-year government bond yield to post its biggest weekly decline this year.\"</p>\n<p>LOUIS KUIJS, HEAD OF ASIAN ECONOMICS, OXFORD ECONOMICS, HONG KONG</p>\n<p>\"The PBOC followed up on the State Council’s call 2 days earlier to cut the RRR... By itself, the 50 bps decrease implies a sizeable injection of liquidity.\"</p>\n<p>\"However, the PBOC’s language around the cut is telling. It describes it as needed to compensate for the impact of the expiration of tranches of its MLF facility in July and August. This indicates that, as we expected, the central bank wants to see this largely as a liquidity management operation, not a move heralding a shift towards an easier overall monetary policy stance.\"</p>\n<p>ELWIN DE GROOT, HEAD OF MACRO STRATEGY, RABOBANK, AMSTERDAM</p>\n<p>\"I see it as more or less a fine-tuning rather than a signal that there is more monetary easing coming.\"</p>\n<p>\"It was already signalled to some extent because we had seen some tightening in Chinese money markets, and this is basically to alleviate these pressures.\"</p>\n<p>LAURA WANG, CHIEF CHINA EQUITY STRATEGIST, MORGAN STANLEY, HONG KONG</p>\n<p>\"We think the broad-based 50 bps RRR cut announced by the PBOC should help stabilize investor sentiment, after days of heightened volatility following the July 6 capital market announcement which had caused major concerns over ADRs and offshore Chinese listings.\"</p>\n<p>\"We reiterate our strong preference for the A-share market within Chinese equities broadly. We believe the sentiment and liquidity support from the RRR cut would be the biggest for the A-share market. We still do not recommend broad-based bottom-fishing, particularly in the segments still facing regulatory uncertainty (data-heavy tech companies, ADRs, etc.).\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China cuts reserve requirement ratio for all banks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina cuts reserve requirement ratio for all banks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-09 22:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, July 9 (Reuters) - China has cut the reserve requirement ratio <a href=\"https://laohu8.com/S/RRR\">$(RRR)$</a> for all banks by 50 bps, releasing around 1 trillion yuan ($154 billion) in long-term liquidity to underpin a post-COVID economic recovery that is starting to lose momentum.</p>\n<p>Below are analysts' views on the move:</p>\n<p>MANIK NARAIN, HEAD OF EM STRATEGY, UBS, LONDON</p>\n<p>\"It is not clear at all that it is opening the floodgates of liquidity into the system - I think it is, however, China showing the world that there is a limit to how much tightening (in the money markets) it will allow.\"</p>\n<p>\"China was first in, first out (with COVID policy support) - it effectively started tightening (monetary policy) in Q3 last year - so now it is possible that the message is, if you are thinking about global significance, that the PBOC is showing that economies are still somewhat fragile and inflation is not likely to be too damaging over the medium term.\"</p>\n<p>ZHIWEI ZHANG, CHIEF ECONOMIST, PINPOINT ASSET MANAGEMENT, HONG KONG</p>\n<p>\"Some market analysts expect a targeted RRR cut for part of the banking sector, but the PBOC cut across the board for all banks. We continue to expect June macro data to show further slowdown, particularly in consumption. Retail sales already disappointed in April and May.\"</p>\n<p>\"Moreover, China’s unbalanced recovery paints a worrying picture for other countries who just started to recover from the pandemic. The new normal of economic growth may be slower than the pre-COVID period, and this may last much longer than expected.\"</p>\n<p>GUSTAVO MEDEIROS, DEPUTY HEAD OF RESEARCH, ASHMORE GROUP, LONDON</p>\n<p>\"The 50-bps cut in reserve requirement ratio came slightly earlier than most expected. China is likely to ease monetary policy via RRR cuts and OMO operations in order to allow for more local government bond issuance. This will support strategic infrastructure investment such as railways and 5G rollout. We expect fiscal policy to remain focused on specific sectors most affected by the pandemic like small companies. We also expect macro prudential tightening on the property market to remain in place.\"</p>\n<p>RAYMOND YEUNG, CHIEF ECONOMIST GREATER CHINA, ANZ, HONG KONG</p>\n<p>\"We believe the PBOC’s move today is intended to demonstrate that China has a variety of policy tools to conduct monetary policy. The authorities continue to emphasise that their policy stance is flexible.\"</p>\n<p>\"Today's RRR cut is almost equivalent to a broad-based easing, as it will release about 1 trillion Chinese yuan in funds. We see today’s cut as a move to offset the increased need for liquidity seen hitherto in July, which has caused market volatility recently.\"</p>\n<p>JULIAN EVANS-PRITCHARD, <a href=\"https://laohu8.com/S/SNR.UK\">SENIOR</a> CHINA ECONOMIST, CAPITAL ECONOMICS</p>\n<p>\"Our assessment is that the PBOC is trying to nudge banks to lower lending rates without shifting its broader policy settings, such as its quantitative controls on credit. If we are right, then the near-term economic implications of the RRR cut are likely to be small. History suggests that China’s economic performance is much more sensitive to the quantity of credit available rather than its price.\"</p>\n<p>\"The bond market appears to be responding to this turn in the cycle by pricing in lower interest rates over the medium term, which is something we’d been expecting. Even prior to the RRR announcement, hints earlier this week that a cut was coming led China’s 10-year government bond yield to post its biggest weekly decline this year.\"</p>\n<p>LOUIS KUIJS, HEAD OF ASIAN ECONOMICS, OXFORD ECONOMICS, HONG KONG</p>\n<p>\"The PBOC followed up on the State Council’s call 2 days earlier to cut the RRR... By itself, the 50 bps decrease implies a sizeable injection of liquidity.\"</p>\n<p>\"However, the PBOC’s language around the cut is telling. It describes it as needed to compensate for the impact of the expiration of tranches of its MLF facility in July and August. This indicates that, as we expected, the central bank wants to see this largely as a liquidity management operation, not a move heralding a shift towards an easier overall monetary policy stance.\"</p>\n<p>ELWIN DE GROOT, HEAD OF MACRO STRATEGY, RABOBANK, AMSTERDAM</p>\n<p>\"I see it as more or less a fine-tuning rather than a signal that there is more monetary easing coming.\"</p>\n<p>\"It was already signalled to some extent because we had seen some tightening in Chinese money markets, and this is basically to alleviate these pressures.\"</p>\n<p>LAURA WANG, CHIEF CHINA EQUITY STRATEGIST, MORGAN STANLEY, HONG KONG</p>\n<p>\"We think the broad-based 50 bps RRR cut announced by the PBOC should help stabilize investor sentiment, after days of heightened volatility following the July 6 capital market announcement which had caused major concerns over ADRs and offshore Chinese listings.\"</p>\n<p>\"We reiterate our strong preference for the A-share market within Chinese equities broadly. We believe the sentiment and liquidity support from the RRR cut would be the biggest for the A-share market. We still do not recommend broad-based bottom-fishing, particularly in the segments still facing regulatory uncertainty (data-heavy tech companies, ADRs, etc.).\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150779473","content_text":"LONDON, July 9 (Reuters) - China has cut the reserve requirement ratio $(RRR)$ for all banks by 50 bps, releasing around 1 trillion yuan ($154 billion) in long-term liquidity to underpin a post-COVID economic recovery that is starting to lose momentum.\nBelow are analysts' views on the move:\nMANIK NARAIN, HEAD OF EM STRATEGY, UBS, LONDON\n\"It is not clear at all that it is opening the floodgates of liquidity into the system - I think it is, however, China showing the world that there is a limit to how much tightening (in the money markets) it will allow.\"\n\"China was first in, first out (with COVID policy support) - it effectively started tightening (monetary policy) in Q3 last year - so now it is possible that the message is, if you are thinking about global significance, that the PBOC is showing that economies are still somewhat fragile and inflation is not likely to be too damaging over the medium term.\"\nZHIWEI ZHANG, CHIEF ECONOMIST, PINPOINT ASSET MANAGEMENT, HONG KONG\n\"Some market analysts expect a targeted RRR cut for part of the banking sector, but the PBOC cut across the board for all banks. We continue to expect June macro data to show further slowdown, particularly in consumption. Retail sales already disappointed in April and May.\"\n\"Moreover, China’s unbalanced recovery paints a worrying picture for other countries who just started to recover from the pandemic. The new normal of economic growth may be slower than the pre-COVID period, and this may last much longer than expected.\"\nGUSTAVO MEDEIROS, DEPUTY HEAD OF RESEARCH, ASHMORE GROUP, LONDON\n\"The 50-bps cut in reserve requirement ratio came slightly earlier than most expected. China is likely to ease monetary policy via RRR cuts and OMO operations in order to allow for more local government bond issuance. This will support strategic infrastructure investment such as railways and 5G rollout. We expect fiscal policy to remain focused on specific sectors most affected by the pandemic like small companies. We also expect macro prudential tightening on the property market to remain in place.\"\nRAYMOND YEUNG, CHIEF ECONOMIST GREATER CHINA, ANZ, HONG KONG\n\"We believe the PBOC’s move today is intended to demonstrate that China has a variety of policy tools to conduct monetary policy. The authorities continue to emphasise that their policy stance is flexible.\"\n\"Today's RRR cut is almost equivalent to a broad-based easing, as it will release about 1 trillion Chinese yuan in funds. We see today’s cut as a move to offset the increased need for liquidity seen hitherto in July, which has caused market volatility recently.\"\nJULIAN EVANS-PRITCHARD, SENIOR CHINA ECONOMIST, CAPITAL ECONOMICS\n\"Our assessment is that the PBOC is trying to nudge banks to lower lending rates without shifting its broader policy settings, such as its quantitative controls on credit. If we are right, then the near-term economic implications of the RRR cut are likely to be small. History suggests that China’s economic performance is much more sensitive to the quantity of credit available rather than its price.\"\n\"The bond market appears to be responding to this turn in the cycle by pricing in lower interest rates over the medium term, which is something we’d been expecting. Even prior to the RRR announcement, hints earlier this week that a cut was coming led China’s 10-year government bond yield to post its biggest weekly decline this year.\"\nLOUIS KUIJS, HEAD OF ASIAN ECONOMICS, OXFORD ECONOMICS, HONG KONG\n\"The PBOC followed up on the State Council’s call 2 days earlier to cut the RRR... By itself, the 50 bps decrease implies a sizeable injection of liquidity.\"\n\"However, the PBOC’s language around the cut is telling. It describes it as needed to compensate for the impact of the expiration of tranches of its MLF facility in July and August. This indicates that, as we expected, the central bank wants to see this largely as a liquidity management operation, not a move heralding a shift towards an easier overall monetary policy stance.\"\nELWIN DE GROOT, HEAD OF MACRO STRATEGY, RABOBANK, AMSTERDAM\n\"I see it as more or less a fine-tuning rather than a signal that there is more monetary easing coming.\"\n\"It was already signalled to some extent because we had seen some tightening in Chinese money markets, and this is basically to alleviate these pressures.\"\nLAURA WANG, CHIEF CHINA EQUITY STRATEGIST, MORGAN STANLEY, HONG KONG\n\"We think the broad-based 50 bps RRR cut announced by the PBOC should help stabilize investor sentiment, after days of heightened volatility following the July 6 capital market announcement which had caused major concerns over ADRs and offshore Chinese listings.\"\n\"We reiterate our strong preference for the A-share market within Chinese equities broadly. We believe the sentiment and liquidity support from the RRR cut would be the biggest for the A-share market. We still do not recommend broad-based bottom-fishing, particularly in the segments still facing regulatory uncertainty (data-heavy tech companies, ADRs, etc.).\"","news_type":1,"symbols_score_info":{"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":2490,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159123314,"gmtCreate":1624949805238,"gmtModify":1703848653207,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"As usual, do your own due diligence before you invest in any stocks. Do not blindly invest.","listText":"As usual, do your own due diligence before you invest in any stocks. Do not blindly invest.","text":"As usual, do your own due diligence before you invest in any stocks. Do not blindly invest.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159123314","repostId":"1178802425","repostType":4,"isVote":1,"tweetType":1,"viewCount":2115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164975183,"gmtCreate":1624169095342,"gmtModify":1703830062965,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"Please help to like, thank you!","listText":"Please help to like, thank you!","text":"Please help to like, thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/164975183","repostId":"1199331995","repostType":4,"isVote":1,"tweetType":1,"viewCount":2807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161593095,"gmtCreate":1623933215417,"gmtModify":1703823816977,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"Please help to like :)","listText":"Please help to like :)","text":"Please help to like :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161593095","repostId":"1117650695","repostType":2,"isVote":1,"tweetType":1,"viewCount":2024,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163081307,"gmtCreate":1623853539809,"gmtModify":1703821513209,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"Please help to like :)","listText":"Please help to like :)","text":"Please help to like :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/163081307","repostId":"2143765794","repostType":4,"isVote":1,"tweetType":1,"viewCount":2264,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566905276489207","authorId":"3566905276489207","name":"Huatheng","avatar":"https://static.tigerbbs.com/59738b973cad55d05e0eda9044f6331e","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3566905276489207","idStr":"3566905276489207"},"content":"Ok, please response to my comment. ThanKs.","text":"Ok, please response to my comment. ThanKs.","html":"Ok, please response to my comment. ThanKs."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188418611,"gmtCreate":1623458483433,"gmtModify":1704204091098,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"Please like and reply :)","listText":"Please like and reply :)","text":"Please like and reply :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/188418611","repostId":"2142823202","repostType":4,"isVote":1,"tweetType":1,"viewCount":2974,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181964455,"gmtCreate":1623370998577,"gmtModify":1704201810326,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"Please help to like and comment. Thanks!","listText":"Please help to like and comment. Thanks!","text":"Please help to like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/181964455","repostId":"1184070773","repostType":4,"isVote":1,"tweetType":1,"viewCount":2724,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3558920222538997","authorId":"3558920222538997","name":"不是那么好割的小韭菜","avatar":"https://static.tigerbbs.com/904e087829710bbff7692246e238149c","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3558920222538997","idStr":"3558920222538997"},"content":"Ok.reply bk Pls","text":"Ok.reply bk Pls","html":"Ok.reply bk Pls"},{"author":{"id":"3581554974761635","authorId":"3581554974761635","name":"pinklover91","avatar":"https://static.tigerbbs.com/f9f446094931f34aa14cfad66e438f27","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3581554974761635","idStr":"3581554974761635"},"content":"reply my comment please","text":"reply my comment please","html":"reply my comment please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117025294,"gmtCreate":1623110993118,"gmtModify":1704196165309,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"Pls like and comment :)","listText":"Pls like and comment :)","text":"Pls like and comment :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/117025294","repostId":"1100482269","repostType":4,"isVote":1,"tweetType":1,"viewCount":2723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114668092,"gmtCreate":1623072934216,"gmtModify":1704195459023,"author":{"id":"3554802976807063","authorId":"3554802976807063","name":"bxt","avatar":"https://static.tigerbbs.com/102b1b4e487525693d9248818a434e7c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554802976807063","idStr":"3554802976807063"},"themes":[],"htmlText":"Comment and like please :)","listText":"Comment and like please :)","text":"Comment and like please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/114668092","repostId":"1126396501","repostType":4,"isVote":1,"tweetType":1,"viewCount":2810,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}