The reported move came through open market operations, marking the biggest weekly net cash injection in more than a year and signaling a notable liquidity support step.
China’s central bank reportedly delivered its largest weekly net liquidity injection since January 2023 through open market operations (central bank buying and selling to manage cash conditions), based on source calculations. The development points to a significant weekly support move in domestic money markets, where such injections are typically used to guide short-term funding conditions and maintain liquidity in the banking system.