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EconomyPBOC pledges stock-market support as slide persists despite rescue efforts

People’s Bank of China governor Pan Gongsheng reaffirmed support for the beleaguered stock market in a report to the National People’s Congress Standing Committee, pledging further steps to ease financial risks in areas including capital markets and property. Earlier rescue measures have failed to halt the steep share-price decline.

China stocksPeople’s Bank of Chinamonetary policy

SSouth China Morning Post★★★☆☆2026-11-03 12:50Original

PBOC pledges stock-market support as slide persists despite rescue efforts
PBOC pledges stock-market support as slide persists despite rescue effortsEconomy