Chinese Stocks Recover as Government Support Strengthens Market

Reported 9 days ago

China's stock market made a notable recovery following a significant selloff, supported by state-linked funds and central bank intervention. The Hang Seng China Enterprises Index rose by 2.3%, while the CSI 300 Index gained 1.7%. Measures such as stock purchases from state-backed investors, buybacks from companies, and regulatory easing were implemented to stabilize the market amidst ongoing trade tensions with the US.

Source: YAHOO

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