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China Stocks gain on policy support hopes

The Mainland China share market finished session higher on Monday, 14 December 2020, as appetite for risk assets improved on hopes of more policy support to shore up the world s second-largest economy. At closing bell, the benchmark Shanghai Composite Index was up 0.66%, or 21.93 points, to 3,369.12. The Shenzhen Composite Index, which tracks stocks on China s second exchange, added 1.07%, or 23.75 points, to 2,247.69. The blue-chip CSI300 index added 0.92%, or 45.21 points, to 4,934.84. Market participants commenced trading with firm footing today after Finance Minister Liu Kun statement that China will step up fiscal policy support for a strategy to make its economy mainly rely on domestic demand, supply chains and innovation.

China stocks rise on hopes of policy support; Hong Kong dips

Article content SHANGHAI China stocks started the week on a firm note due to hopes of more policy support to shore up the world’s second-largest economy hurt by the coronavirus crisis. The CSI300 index rose 0.6% to 4,918.20 at the end of the morning session, while the Shanghai Composite Index gained 0.4%, to 3,360.48. We apologize, but this video has failed to load. Try refreshing your browser, or China stocks rise on hopes of policy support; Hong Kong dips Back to video China will step up fiscal policy support for a strategy to make its economy mainly rely on domestic demand, supply chains and innovation, Finance Minister Liu Kun said.

China stocks rebound on policy support hopes

China stocks rebound on policy support hopes Reuters 12/14/2020 SHANGHAI, Dec 14 (Reuters) - China stocks rebounded on Monday, underpinned by hopes of more policy support to shore up the world s second-largest economy hit by the COVID-19 pandemic. The blue-chip CSI300 index rose 0.9% to 4,934.84, while the Shanghai Composite Index added 0.7% to 3,369.12. Last week, the blue-chip stock index posted its biggest weekly loss in 11 weeks, as a flare-up in Sino-U.S. tensions and worries about policy tightening dented risk appetite. China will step up fiscal policy support for a strategy to make its economy mainly rely on domestic demand, supply chains and innovation, Finance Minister Liu Kun said.

Hong Kong stocks end lower as China fines Alibaba, other tech giants

Hong Kong stocks end lower as China fines Alibaba, other tech giants
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