China Index Futures Gain on PBOC Reserve Ratio Cut; ETFs Decline

Updated on
  • Move seen providing short-term reassurance to investors
  • Commerzbank forecasts up to 150 basis points of further cuts

China Cuts Reserve Ratio in Latest Economic Boost

Chinese stock-index futures in Hong Kong climbed after the central bank cut the amount of cash the nation’s lenders must hold as reserves, boosting efforts to support the world’s second-largest economy.

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