Potential mortgage refinancing in China would be a move in the right direction: Amundi

Florian Neto of Amundi says investors are looking at the Chinese markets from the angle of earnings and that if the Chinese regulators do allow mortgages to be refinanced at a lower rate, the People's Bank of China would need to lower short-term interest rates as well.

Sep 5, 2024 - 17:00
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Potential mortgage refinancing in China would be a move in the right direction: Amundi
Florian Neto of Amundi says investors are looking at the Chinese markets from the angle of earnings and that if the Chinese regulators do allow mortgages to be refinanced at a lower rate, the People's Bank of China would need to lower short-term interest rates as well.