head of ethics strategy at saxo, thank you for the insights this tuesday morning.y more coming up ahead. stay with us. this is bloomberg. ♪ tom: welcome back to bloomberg daybreak: europe, let's reflect on what's happened when china, surprise coming through with the extent of the cut on the prime rate which is a benchmark for mortgages largely. surprise of the one-year year loan prime rate is up. it underpins many shorter-term notes was not move lower, but you do get this record cut to the five year loan, 25 basis points. you can see the yellow line indicating that prime rate back below 4% to 3.95%. on concern there just isn't enough support coming through for the property market. this signals one concern about what's going on in that sector. number two may be that there will be more measures coming down. the other real issue is the demand to take up the loans, given the can's -- given the sentiment around the consumer in the housing market in china has been battered as of late. you saw that with the lunar new year holiday where you saw the record fall with transac

earlier i spoke to investment bank saxo and she told me investors want to see beijing implement long—termuctural reforms. it is not something that can offer that long—term comfort to chinese investors or those who are actually looking for the stocks to get dirt cheap and make an entry into that market. these are measures that we have obviously seen in the past as well in the last few weeks, and all they really do is to try to put a float but it is not something that investors are excited about, the chinese market. i think investors are really waking —— waiting for some kind of structural reform there is just a whole message that has been coming out of the bureau meeting and the lack of details on when we are really going to see that third plan meeting which actually focuses on the structural side of the economy. those are really factors that failed to really build up the confidence in a more sustainable way at this point. more sustainable way at this oint. �* _, ., . point. and given the economic headwinds _ point. and given the economic headwinds and _ point. and given the economic headw

earlier i spoke to charu chanana from investment bank saxo and she told me investors want to see beijingletment long—term structural reforms. it's not something that can offer that long term comfort to chinese investors, or those who are actually looking for the stocks to get dirt cheap and you know make an entry into that market.— you know make an entry into that market. , . ., , , that market. these are masters that market. these are masters that we have — that market. these are masters that we have obviously - that market. these are masters that we have obviously seen - that market. these are masters that we have obviously seen in l that we have obviously seen in the past as well, in the past few weeks, and all they really do is to try and put a float but this is not something that can do to get investors excited about the chinese market, i think investors are really waiting for some kind of a structural reform there, and just the whole message that has been coming out of the bureau meeting and the lack of details on when we are really going to see that third plan a meeting which actu

charu chanana of saxo.ussing the indian market with vendors, how upcoming elections might impact sentiment. but first are exclusive interview with the ceo of seven and i holdings with plans to -- 711 stores in the u.s.. this is bloomberg. ♪ get help reaching your goals with j.p. morgan wealth plan, a digital money coach in the chase mobile® app. use it to set and track your goals, big and small... and see how changes you make today... could help put them within reach. from your first big move to retiring poolside - and the other goals along the way. wealth plan can help get you there. ♪ j.p. morgan wealth management. when you automate sales tax with avalara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh yvonne: shares of yu china surging afterm fourth-quarter comparable sales beat expectations. joey watts spoke to us about the consumer outlook amid the mainland's economic struggles. >> the biggest challenge for this year, not only for quarter four, but for t

extremely non-standard ensemble, i’ll tell you this, yeah , well, look, i was preparing, i looked, comrade saxothe musicians and to you. well, we are waiting for a new meeting.