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China Sovereign Fund Buys ETFs in New Bid to Boost Stocks

(Bloomberg) China’s sovereign wealth fund bought exchange-traded funds on Monday, expanding its purchases beyond bank shares as authorities step up attempts to boost the country’s slumping stock market.Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantWall Street Trading Rattled by Wild Treasury Moves: Markets WrapChina Repeats Its View That Israel Must Protect CiviliansHostages and Hezbollah Force Israel to Rethink Gaza Ground WarTreasury 10-Year Yi

Chinese stocks have erased 4½ years of gains as foreign investors flee at record pace

Mainland China Bourses Close For National Day Holidays Until Oct 9 Amid Tough Year

Property Stocks Lead China Rally as Stimulus Measures Lift Mood

(Bloomberg) Chinese stocks jumped after the nation rolled out further property support measures, the latest in an intensifying campaign to rescue to beleaguered sector that’s been dragging down the economy. Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model

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