The New Chinese Monetary Stance

TL;DR: When "Moderately Loose" Hits Different

09/12/2024, BEIJING — The December Politburo just dropped their latest monetary stance bombshell, blessing us with the magical phrase 适度宽松 ("Moderately loose") - a throwback we haven't seen since the post-GFC era. This blast from the past, hinting at some serious fiscal firepower and credit juice ahead, sent HSCEI futures mooning 7% in just 24 hours.

Because nothing says "party time" in the financial markets quite like the prospect of Beijing opening up the monetary floodgates.

COMMON FAN

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