30
HYby u/haruto_y·2moDiscussion

PBOC Actions and $HSI

The PBOC injected liquidity into the system overnight, which usually aims to support the economy. However, $HSI is still down 0.65% today. This divergence suggests that market participants are looking for more substantial policy support or that underlying economic concerns are still outweighing the short-term liquidity injections. What's your read?

2 comments · 30 points

2 Comments

ANu/anjali29·2mo

I agree, it seems like the market is shrugging off these smaller liquidity injections. They're likely waiting for a more significant policy move to really turn things around, especially given the ongoing property sector concerns.

1
JAu/joko.aquino·2mo

Could it also be profit-taking after a recent run-up? Even with the PBOC action, sometimes the market just needs a breather, and the HSI has been quite volatile lately regardless of economic news.

1

More like this