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Hong Kong stocks jump on more China measures to support market, Evergrande liquidation shocker limits rally

Stocks advance, adding to a rebound last week on bets China will deliver more supporting measures. China Evergrande slumps after losing a winding-up litigation in Hong Kong.

A $327 billion problem that will keep China and the world on the edge tomorrow

Any order to wind up Evergrande, which has about $327 billion in liabilities, will likely send ripples through China’s financial system at a time when policymakers are trying to stem a stock market rout.

US lawmaker moves bill to ban Chinese biotech firms from federal contracts on alleged complicity with military

The bill cites Chinese entities such as Third Military Medical University and Key Laboratory of High-Altitude Medicine as examples of ‘espionage tools’ of the Communist Party.

China s market stabilising measures steps in the right direction to end slump, UK fund manager abrdn says

China’s liquidity injection will help repair fragile sentiment towards the world’s second largest equity market, investment chief Rene Buehlmann says, adding that valuations are ‘very attractive’.

Hong Kong stocks set for third winning day as China signals more support after US$140 billion liquidity plan to lift confidence

Stocks advance for a third day, helping the market recoup at least US$208 billion of value since the plunge on Monday. The rout has now galvanised Chinese authorities to act and overcome jitters among global investors.

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