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In the two months since the PBOC gave...>

CHINA PRESS
MNI (London)
CHINA PRESS: In the two months since the PBOC gave guidance for new bond finance
support tools, there have been 182 bond launches, totalling CNY111.12 billion,
issued to ease financing difficulties for private companies, 21st Century
Business Herald reported citing data from Wind terminal.
- Some local state-owned enterprises have set up funds to bail out private
companies suffering from liquidity problems. Though these two moves have
significantly increased support to private enterprises, it is still far from
what the central government required, the newspaper citing Fan Wei, a deputy
fixed-income manager at brokers Shenwan Hongyuan.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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