![China Abruptly Unleashes 3,000,000,000 in Liquidity, Propping Up Stock Market and Powering Major Rally China Abruptly Unleashes 3,000,000,000 in Liquidity, Propping Up Stock Market and Powering Major Rally](https://dailyhodl.com/wp-content/uploads/2024/06/brics-dollar.jpg?w=1024)
China has announced it will allow institutional investors to use central bank financing to make stock purchases. The Chinese government is now looking at creating a market stabilization fund starting with an initial pool of 800 billion yuan – $113 billion – to be injected into equities markets, Bloomberg reports. Governor Pan Gongsheng said Beijing […]
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