China s central bank left a key policy rate unchanged as expected on Sunday when rolling over maturing medium-term loans, with uncertainties around the timing of an easing by the Federal Reserve.
Chinese authorities seem unlikely to deliver catalysts that would sustainably reverse negative investor sentiment, senior strategist Homin Lee says. Last week’s market-boosting measures prove insufficient.
China stocks dropped on
Tuesday despite regulators measures to boost market confidence,
as sentiment remained fragile after the liquidation of property
giant China Evergrande gave a fresh blow to.
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