Exchange the Asia-Pacific region are growing at the Bank of China

Exchange the Asia-Pacific region are growing at the Bank of China


The index of Shanghai stock exchange Shanghai Composite has grown on 0,72% – to 3437,03 item. Index of Shenzhen stock exchange Shenzhen Composite index rose by 0.62% to 2029,22 item. Hong Kong’s Hang Seng Index grew by 0.29% to 23219,33 item.

MOSCOW, 26 Jan. Stock markets in the Asia-Pacific region (APR) showed a positive trend on Monday following a meeting of the Central Bank of China, according to data exchanges.

As at 06.56 GMT the index of Shanghai stock exchange Shanghai Composite has grown on 0,72% — to 3437,03 item. Index of Shenzhen stock exchange Shenzhen Composite index rose by 0.62% to 2029,22 item. Hong Kong’s Hang Seng Index grew by 0.29% to 23219,33 item.

The Australian S&P/ASX 200 strengthened by 0.14%, reaching 5359 points. The Korean KOSPI rose 0.07%, reaching 2041,93 item. The Japanese Nikkei 225 increased by 1.24% to 19057,88 item.

The people’s Bank of China on Friday cut the interest rate by 0.25 percentage points to 4.35%. Deposit rate thus reduced by 0.25 percentage points to 1.5%. The changes came into force from Saturday, October 24. From the same date in reserve requirements for Chinese banks reduced by 0.5 percentage point in order to maintain an acceptable level of liquidity in the banking system.

“The monetary policy of China shows that the Chinese economy still faces significant downward pressure,” reported the Agence France-Presse analysts at Australia & New Zealand Banking Group. However, according to them, the weakening of monetary policy of the PRC was viewed by investors as a sign of the upcoming global economic growth.