The People's Bank of China (PBOC) is injecting 200 billion yuan next Monday; the headline sounds like it's loosening monetary policy. What a load of rubbish! The money is just circulating aimlessly in the financial system; the PBOC doesn't want to feed it anymore. For A-shares: Good for banks, bad for computing power hardware. It's not that the money has arrived; it's that the pipes are being changed. The ones who foot the bill are always the retail investors who rush in to buy the dip as soon as they see the PBOC's actions.