China Press: More PBOC RRR cuts may come this year

Bloomberg reports key headlines from the front page commentary ran in the China Securities Journal earlier today.

Key Points:

China should expand two-way capital market opening.

Should encourage more overseas firms to list A shares.

Should accelerate allowing more foreign ownership of securities, mutual fund firms.

Should strengthen stock connects.

The reserve requirement ratio (RRR) cuts for some banks may happen in H2.