EconomyChinese stocks rebound from worst sell-off in a decade amid speculation of stronger state support
Chinese stocks recovered from October’s sharp sell-off as investors speculated Beijing would step up efforts to halt a rout that had pushed its benchmark into a bear market. At 9:36am local time, the CSI 300 rose 0.3% to 3,997.76, while the chip-heavy Star Market 50 gained 0.6%. Speculation also grew that China would expand its 300 billion yuan relending facility.
Chinese stocks rebound from worst sell-off in a decade amid speculation of stronger state support
Economy