Asian shares are mixed as the PBOC's attempts to soothe market fears about tight liquidity and...
Asian shares are mixed as the PBOC's attempts to soothe market fears about tight liquidity and credit crunches in China's banking system are enough to keep markets relatively tame but not to boost bourses across the board. "The Chinese central bank's liquidity pledge has calmed markets in the short term, but the picture is not that clear in the medium term," says a Swiss chief investment officer. Japan -1% to 12834, Hong Kong +2.4% to 20335, China -0.4% to 1952, India +0.2% to 18666.
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