China's Stimulus Could Boost These 6 Stocks [MarketWatch]
SANDS CHINA LTD UNSP/ADR (SCHYY)
NASDAQ:AMEX Investor Relations:
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Source: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium The Londoner Macao casino resort and the Venetian casino resort, both operated by Sands China Ltd., a unit of Las Vegas Sands. Eduardo Leal/Bloomberg A handful of U.S.-listed stocks could still benefit from the sizable monetary stimulus that the People's Bank of China is unleashing. China's economy has recently experienced slowing growth, prompting the PBOC to implement new stimulus measures. Wednesday morning, the central bank announced a half percentage point decrease in the reserve-ratio requirement for Chinese banks. That frees up about 1 trillion Yuan, or roughly $140 billion, for banks to lend. It's no small amount, at almost 1% of expected economic output in the country for this year. What's more, the central bank signaled that it intends to continue the monetary support, should the economy elicit such moves. PBOC governor Pan Gongsheng
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