China's central bank announced on Friday that it conducted open market government bond transactions in November, resulting in a net purchase of bonds with a face value of 200 billion yuan (about 27.8 billion U.S. dollars) https://t.co/jmrf0nroHl https://t.co/ABOBtl4rBg
China central bank conducts 800 bln yuan of outright reverse repos in Nov https://t.co/lrXim9fAXE https://t.co/dDNJsDFZxa
🇨🇳PBOC NET PURCHASES RMB 200 BILLION IN GOVERNMENT BONDS VIA OPEN MARKET OPERATIONS IN NOVEMBER. #CHINA $SHCOMP $SSEC $ASHR https://t.co/CNmj746y5X https://t.co/JgfSwHhwlO
China's central bank, the People's Bank of China (PBOC), conducted significant monetary operations in November. The PBOC injected 190.3 billion yuan via 7-day reverse repos at an interest rate of 1.50%, while removing 279.8 billion yuan through open market operations. Additionally, the central bank executed outright reverse repos totaling 800 billion yuan in November and made a net purchase of 200 billion yuan in government bonds through open market transactions. On the stock market, the turnover on the Shanghai and Shenzhen stock exchanges exceeded 1 trillion yuan for the 43rd consecutive trading day. Major indices showed strong performance on November 29, with the ChiNext Index rising over 4%, the Shenzhen Component Index gaining more than 2%, and the Shanghai Composite Index increasing by 1.4%. The STAR 50 Index and CSI 300 Index also rose more than 4% and 2%, respectively. Over 4,300 stocks recorded gains, with CATL shares up more than 5% and FTSE China A50 Index futures rising more than 2%, reflecting robust market activity.