Replying to Avatar Peter Alexander

So there’s a big joint press conference in China tomorrow morning. 10am. NDRC. MoF. PBoC. SAT. This isn’t at all normal. #[0]​ #[1]
Avatar
twentyone 2y ago

Peter if you watch it can you give an update?

Reply to this note

Please Login to reply.

Discussion

Avatar
Peter Alexander 2y ago

Absolutely.

Avatar
Peter Alexander 2y ago

Still waiting on details from the joint press conference but markets already moving higher here including Hong Kong. Reduction of stamp duty on stock trades might be part of what comes out.

Avatar
twentyone 2y ago

Thank you for the update

Avatar
Peter Alexander 2y ago

Yeah well, there really wasn’t much at the end of the day. No stamp tax reduction although outstanding mortgages do look set to be reduced for one year. That’ll provide some direct assistance to a hundred million households.