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(Bloomberg) Chinese equities rallied as Beijing stepped up its efforts to stem a rout with a string of policy announcements including a state fund’s vow to boost stock purchases.Most Read from BloombergKing Charles Treated for Cancer in New Health Scare for MonarchyWhy NYC Apartment Buildings Are on Sale Now for 50% OffChina Tightens Some Trading Restrictions for Domestic and Offshore InvestorsEastern Europe’s Richest Woman Pivots $43 Billion Empire WestBonds Fall After ‘One-Two Punch’ of ISM
The China Securities Regulatory Commission said soon after Huijin’s announcement that it will continue to guide other long-term funds to enter the market with greater intensity, while supporting listed companies to increase repurchases.
HONG KONG, Feb 6 Shares in Hong Kong and mainland China soared today as Beijing ramped up efforts to bolster the country’s battered markets. The two bourses are among the.