WS #12107
China June new yuan loans miss expectations (1.61 trln vs 2.0 trln poll), M2 money supply below forecast (8.0% vs 8.5%), indicating economic weakness. Stripe and Advent International bid $60.50 per share for PayPal, a 28% premium, sending PYPL soaring.
China Weak Credit Data
China June new yuan loans miss expectations (1.61 trln vs 2.0 trln poll), M2 money supply below forecast (8.0% vs 8.5%), indicating economic weakness.
Stripe and Advent International bid $60.50 per share for PayPal, a 28% premium, sending PYPL soaring.