Beijing launches US$15b asset swap to support China’s markets after sell-off

Beijing has launched a US$15 billion asset swap program aimed at stabilising China's equity markets following a recent sell-off, according to the South China Morning Post. The mechanism works by allowing state-linked institutions to exchange holdings with financial firms, injecting liquidity and reducing pressure on share prices without direct market purchases that would be more visible to investors. Onshore Chinese equities, particularly the CSI 300 and Shanghai Composite, are the most directly exposed, as are brokerage and insurance stocks that typically benefit from policy-driven confidence support. Traders will be watching whether the programme is extended or scaled up, along with daily turnover figures and northbound and southbound capital flows through the Stock Connect channels in the coming sessions.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.