China financial press says the PBOC injections show its aim is to stabilise liquidity

A front-page commentary piece in China's Securities Times (via Bloomberg)

  • People's Bank of China recent OMOs show aim to stabilise liquidity

(OMO is open market operations)

More:

  • PBOC balancing liquidity to prevent risks from over-leverage
  • 14 day RRs to commence this week to enhance liquidity over new year holiday

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