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Bankers hope for return of deals as PBoC settles liquidity fears

By Frances J. Yoon
26 Jun 2013

Asia’s financial markets began to recover from fears of a Chinese liquidity crunch on Wednesday after the People’s Bank of China (PBoC) released a statement on Tuesday saying that it would execute money market operations to stabilise markets and ease the pressure on banks. In response, DCM bankers dared to hope that prospects for dealflow would now improve.

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By Frances J. Yoon
26 Jun 2013