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Beijing launches US$15b asset swap to support China’s markets after sell-off

Beijing launches US$15b asset swap to support China’s markets after sell-off
South China Morning Post Monday 02 November 2026, 09:15 UTC By Zhang Shidong 1 min read
Key Points

China’s central bank announced on Monday it would start a fresh round of a swap facility to support the struggling A-share market, after its worst sell-off in almost a decade dealt a heavy blow to investor confidence and threatened to bring new risks to the country’s financial system. The People’s Bank of China (PBOC) would have a one-year swap that allows institutional investors to exchange illiquid assets for liquid ones with the central bank to buy stocks, according to its...

China’s central bank announced on Monday it would start a fresh round of a swap facility to support the struggling A-share market, after its worst sell-off in almost a decade dealt a heavy blow to investor confidence and threatened to bring new risks to the country’s financial system. The People’s Bank of China (PBOC) would have a one-year swap that allows institutional investors to exchange illiquid assets for liquid ones with the central bank to buy stocks, according to its... [Image text:] 3599.02 52.41-1.44% 3605.65 76421Z itt 1.09 A 3757.77 000001 Qi #F 1.08% 3660.21 1.78% BK K K1 4.981Z 3595.26 4016.57 AK 1 2.91%
Beijing (LOCATION) China (LOCATION) The People’s Bank of China (PBOC (ORG)
Originally published by South China Morning Post Read original →

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