PBoC pledges to increase financial support to small and medium-sized businesses (SMEs)

Market news

1 June 2020

PBoC pledges to increase financial support to small and medium-sized businesses (SMEs)

To allow SMEs to delay some loan repayments to 2021
PBoC to buy SME credit loans from some qualified banks
To shift business focus from property, local government financing vehicles to SMEs

USD/CNH seen higher at 7.25 over the next three months – Goldman Sachs

Coronavirus impact: Markets are out of step with grim reality – Citibank

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.