EconomyChina’s market-stabilisation pledge failed to lift stocks. Why are investors praising it?
A package of market-support measures announced this week by China’s securities regulator drew investor praise even though mainland shares did not rebound in the days that followed. Industry figures said prioritising sustained support for stocks and investor confidence over short-term emergency steps marked a much-needed change in Beijing’s approach.
China’s market-stabilisation pledge failed to lift stocks. Why are investors praising it?
Economy