China Press: PBOC may have conducted repos with some banks

The China Securities Journal carries a story on its front page this Monday, citing that the People’s Bank of China (PBOC) may have conducted repos with some banks.

Additional Points:

An increase in banking system liquidity since November 21.

PBOC has changed the wording in its daily open market operation report since October 26 from "doesn't conduct open market operation" to "doesn't conduct reverse repo operation".