Reported about 8 hours ago
China's recent Finance Ministry briefing failed to meet investor expectations, leaving them unsatisfied and concerned about the ongoing market volatility. Despite promises of support for the struggling property sector and hints at increased government borrowing, no substantial fiscal stimulus figures were presented. Market analysts had anticipated a fiscal package of up to 2 trillion yuan, but the lack of new incentives may exacerbate investor unease as the stock market experiences profit-taking and declines.
Source: YAHOO