China Abruptly Unleashes $113,000,000,000 in Liquidity, Propping Up Stock Market and Powering Major Rally

China has announced it will allow institutional investors to use central bank financing to make stock purchases. The Chinese government is now looking at creating a market stabilization fund starting with an initial pool of 800 billion yuan – $113 billion – to be injected into equities markets, Bloomberg reports. Governor Pan Gongsheng said Beijing The post China Abruptly Unleashes $113,000,000,000 in Liquidity, Propping Up Stock Market and Powering Major Rally appeared first on The Daily Hodl .

Source: The Daily Hodl