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Topic: |
Business
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Number of pages / Number of words: |
8 / 2108 |
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The underlying incentives for investment, including a strong economy, respectable underlying profitability and strong cash flows, but also the pricing issues mentioned above and loose monetary conditions and low interest rates, have remained intact. The authorities have tightened monetary policy slightly (though they remain loose on relative terms), including modest interest rate spikes, hiking reserve requirement ratios, and attempting to mop up liquidity...
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The authorities have tightened monetary policy slightly (though they remain loose on relative terms), including modest interest rate spikes, hiking reserve requirement ratios, and attempting to mop up liquidity. Finally, CSRC, the capital markets supervisor, has also launched an investigation into insider trading and price manipulations...
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