Briefly

PBOC adds liquidity via reverse repos

China's central bank conducted 500 billion yuan ($70.33 billion) of seven-day reverse repos at an interest rate of 1.8 percent Monday. The move aims to keep liquidity stable at the end of the month, the People's Bank of China said in a statement.

HSR expansion speeds up in Yangtze delta

China's high-speed railway network expansion is proceeding steadily as China Railway 24th Bureau Group Corp said it has recently completed building the main structure of the sixth bid's track on the Hangzhou-Wenzhou HSR. The rail line aims to be the fastest option for passengers traveling between the cities of Hangzhou, Jinhua, Yiwu and Wenzhou in Zhejiang province.

China Daily - Xinhua