Reported about 1 month ago
Chinese stocks saw a significant rebound following President Xi Jinping's strong support for technological advancement and new measures from the People's Bank of China (PBOC) to bolster the market. The CSI 300 Index surged by 3.6%, driven by gains in chip manufacturers, while the central bank's initiatives aimed at enhancing liquidity provided a much-needed boost to investor sentiment amidst fluctuating economic growth and declining home prices.
Source: YAHOO