China markets rally over 3% on central bank measures to boost market

  • Posted on October 18, 2024
  • By Business News Today
  • 1 Views
China markets rally over 3% on central bank measures to boost market

Chinese stocks rose on Friday after the PBOC initiated funding schemes injecting 800 billion yuan into the stock market and advocated for rapid financial policy adoption. Despite mixed economic data, the measures aimed to boost investor confidence and support the real economy.
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