Dozens of China-listed
companies outlined plans over the weekend to purchase their own
shares as regulators voiced support for share buybacks as part
of measures to shore up a sinking stock market. .
China and Hong
Kong stocks fell on Monday, as regulators support measures and
a fresh cut in the benchmark lending rate disappointed, even as
listed firms and fund managers rushed to unveil share.
Chinese stocks
hit nine-month lows and the yuan tumbled on Monday, as efforts
by authorities to revive demand failed to excite investors who
are becoming less confident in Beijing s ability to.
SHANGHAI: Chinese stocks hit nine-month lows and the yuan tumbled on Monday(Aug 21), as efforts by authorities to revive demand failed to excite investors who are becoming less confident in Beijing's ability to restore momentum in the economy. A smaller-than-expected cut in a key lending benchmark dis