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

  • 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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.