PEOPLE'S BANK OF CHINA STARTS OPEN MARKET OPERATION
AsiaInfo Services, April, 1996
AsiaInfo Services 04-12-1996 People's Bank of China Starts Open Market Operation CHINA, April 12, AsiaInfo Services, Inc -- The People's Bank of China recently Started making public market operation. This move again indicates that short term funds situation will be relaxed, and it is also a hint and exploratory action on medium and long term funds market.
It is predictable that the open market operation of the central bank will produce a long term effect on B share market. Copyright 1996 AsiaInfo Services (via Comtex). All rights reserved
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