More Problems For HSBC Bank? PBOC Leaves HSBC Out of New Rate Setting Club of Banks

China changes the way bank loan rates are set, with HSBC left out of rate-setting club www.scmp.com/economy/china-ec…

PBOC interest rate reform will spur small businesses www.ecns.cn/news/2019-08-19/de…

China to base new lending benchmark on medium-term rates; shares rally on rate cut hopes www.reuters.com/article/us-ch…

Hedge Fund CIO “We’re Willing Participants In Our Own Demise” www.zerohedge.com/news/2019-0…