interest rates

Would be good to see the June results generate strong growth in the float, before interest rates rises in the 2nd half of the year. All that will assist with either revenue/profit or if they end up selling the 50% stake pending a licence from the Government.

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Interest rates will probably remain unchanged in the first half while an increase in the second half is possible, Song Guoqing, an academic adviser to the central bank, said on March 19 at a forum in Hong Kong.

http://www.bloomberg.com/news/2013-03-24/zhou-on-high-alert-prompts-swaps-pboc-rise-signal.html