STOCKS | China Steps Up Efforts to Stabilize Its Sagging Stock Market
STOCKS | China Steps Up Efforts to Stabilize Its Sagging Stock Market
CoinLive
China is accelerating efforts to arrest a slump in its stock market, with two major state funds revealing fresh purchases and regulators set to meet with key industry participants, according to Bloomberg. The moves signal stepped-up official support for equities as authorities seek to shore up sentiment and limit further declines.