Briefly

Reverse repos add $28b to liquidity

The People's Bank of China, the country's central bank, said it conducted 202 billion yuan ($28.14 billion) of seven-day, 1.8 percent reverse repos on Thursday, to keep liquidity in the banking system reasonable and ample.

GBA sees 859 trade, investment deals

An investment promotion event saw 859 investment and trade deals worth about 2.24 trillion yuan ($312 billion) for the Guangdong-Hong Kong-Macao Greater Bay Area, the event's organizer said on Wednesday. The secured projects, spanning new-generation electronics, renewable energy, advanced materials, green petrochemicals and artificial intelligence, are set to bolster the region's modern industrial framework and high-quality development, the event's organizer said.

Xinhua - China Daily