China cash injection in banks
China makes biggest cash injection in banking system since February: report
China makes biggest cash injection in banking system since February: report
The PBOC has injected a net CN¥120b into the system for this week.
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1. Hong Kong, China launch Payment Connect for faster cross-border payments 2. Japan’s SMBC invests in biotechnology fund 3. Metrobank names Renato De Borja, Jr. as head of financial & control sector 4. PBCOM appoints new treasury trading team head 5. HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisoryResource Center
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He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.
