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home / news releases / KWEB - China's central bank to bolster liquidity support; keeps policy rate unchanged

KWEB - China's central bank to bolster liquidity support; keeps policy rate unchanged

KraneShares Trust CSI China Internet

2023-10-16 01:48:41 ET

  • The People's Bank of China launched a total of CNY 789 billion via a one-year medium-term lending facility (MLF) to the banking system, left the interest rate unchanged at 2.50%, and ramped up efforts to support the nation’s recovery on Monday.

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China's central bank to bolster liquidity support; keeps policy rate unchanged
Stock Information
Company Name: KraneShares Trust CSI China Internet
Stock Symbol: KWEB
Market: NYSE
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