South Korea's KOSPI opened up 46.44 points, or 0.67%, at 6,940.67 on Monday, Sept. 21.

Wind data show the PBOC has 272 billion yuan of 7‑day reverse repos maturing this week (Sept 21–24). Experts say the central bank’s liquidity injections are becoming more flexible and targeted and are ample to offset major shocks; funding should remain stable across the month and quarter and market rates are likely to stay steady. Liu Yu, chief economist at Industrial Securities, expects the PBOC to continue a flexible mix of 7‑day, 14‑day and overnight reverse repos to smooth cross‑quarter and cross‑holiday funding‑rate volatility.

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