Chinese financial media says PBOC LPRs have room to fall further

China Securities Daily says that Loan Prime Rates (LPRs) have room to move lower. Not sure why they'd be saying this today? Are Chinese stocks going to get pummeled today?Yesterday:PBOC sets 1 year Loan Prime Rate (LPR) at 3.1% and 5-year at 3.6%, both unchanged This article was written by Eamonn Sheridan at www.forexlive.com.

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China Securities Daily says that Loan Prime Rates (LPRs) have room to move lower. Not sure why they'd be saying this today? Are Chinese stocks going to get pummeled today? Yesterday: PBOC sets 1 year Loan Prime Rate (LPR) at 3.1% and 5-year at 3.

6%, both unchanged.