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Liu takes halfway lead in Shanghai with late birdie******
SHANGHAI, Oct. 29 (Xinhua) -- Liu Wenbo moved to the top of the leaderboard through two rounds of the Mitsubishi Heavy Industries Championship on Friday when the Beijing native sank a 20-foot putt for birdie on the final hole for a one-stroke lead at the Lanhai International Golf Club.
With her round of 69 over the Yangtze Dunes course, Liu, the China LPGA Tour Order of Merit leader, was four-under 140 through 36 holes at Chongming Island. Zeng Liqi, a 15-year-old from Jiangxi province who is 79th in the World Amateur Golf Ranking, was second after a 69.
Shi Yuli (71) and overnight leader Sui Xiang (73) were equal third at three shots off the pace, a stroke ahead of Lyu Tian (70) at the RMB1 million championship.
Starting the day one shot off the lead, Liu dropped her only shot of the round early on when she made a bogey six at the 551-yard third hole. She quickly rebounded to post a birdie three at the next, one of four she would make on the day, in pursuit of her third CLPGA Tour win.
"This nice round was satisfying. Both my long game and irons were solid. The missing part was my putter. I missed plenty of putts, including three putts within three feet. Maybe it was the lines on the greens. I didn't make the most of the par-five holes. I was even-par for the four par-five holes. I need to play better over those scoring holes the next two days."
Liu undoubtedly has something to prove after crashing out last week in Zhuhai where she finished eighth. The 20-year-old was co-leader after the first round and then ballooned to an 80 in the final round.
"I hadn't my best game in Zhuhai and that was my first 80 for a long time. My coach came to Shanghai and worked with me for some time. We changed a little. The swing was still new to me. During those windy days it became a little inconsistent. But since the first round here the swing was good. I like my game now."
Zeng, who finished fourth in Zhuhai, continued to impress as the teenager carded six birdies and a double-bogey six on the 410-yard sixth through the first 17 holes. With chance to tie for the lead on the final hole, the Nanchang native put her short par putt past the hole and had to settle for a bogey five.
"I had six birdies, which was more than that I expected. I missed some putts, but it's a good round for such a tough course," said Zeng. "I've played a lot since the beginning of the year and learned a lot, such as how to handle a tricky lie and how to play under the gun. This is a good platform for us (amateurs) to try to keep up with these pros."
Mitsubishi Heavy Industries Championship second round leading scores (*denotes amateur):
140 - Liu Wenbo 71-69
141 - Zeng Liqi* 72-69
143 - Shi Yuli 72-71, Sui Xiang 70-73
144 - Lyu Tian 74-70
145 - Sun Jiaze 72-73
146 - Han Yucen 74-72
China's central bank injects liquidity into market******
BEIJING, Dec. 15 (Xinhua) -- China's central bank pumped cash into the financial system through open market operations Wednesday to maintain liquidity in the market.。
A total of 500 billion yuan (about 78.47 billion U.S. dollars) was injected into the market via medium-term lending facility (MLF), according to the People's Bank of China, the central bank.。
The funds will mature in one year at an interest rate of 2.95 percent.。
Meanwhile, the central bank injected 10 billion yuan into the market through seven-day reverse repos at an interest rate of 2.2 percent.。
The move was intended to maintain reasonable and ample liquidity in the banking system, the central bank said.。
The MLF tool was introduced in 2014 to help commercial and policy banks maintain liquidity by allowing them to borrow from the central bank using securities as collateral.。
A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.。
China pursues a prudent monetary policy in a more flexible and appropriate way, according to this year's government work report. Enditem。
Veteran manager Abel Braga returns to Fluminense******
RIO DE JANEIRO, Dec. 14 (Xinhua) -- Former Paris Saint-Germain defender Abel Braga is set to be appointed head coach of Fluminense for a fourth time, according to widespread reports in Brazil's media.。
Braga will replace Marcao Oliveira, who had held the position on an interim basis following the August dismissal of Roger Machado, Globo Esporte reported late on Monday. Fluminense are expected to confirm the appointment by the end of the week, it added.。
Braga's last managerial job was at Switzerland's FC Lugano, with whom he parted ways in September.。
The 69-year-old was also in charge of Fluminense in 2005, from 2011 to 2013 and in the 2017-18 season. He guided the Rio de Janeiro side to the Brazilian Serie A title in 2012, the club's most recent top flight triumph.。
Braga entered management in 1985 following a successful playing career that included spells with Fluminense, Vasco da Gama, Las Vegas Quicksilvers, Paris Saint-Germain, Cruzeiro, Botafogo and Goytacaz. Enditem。
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