Xi to discuss China stocks with regulators as rescue bets build

Chinese President Xi Jinping. (Image: Bloomberg)

Thu, 08 Feb 2024

By Bloomberg News(Bloomberg) – Anticipation is mounting for more forceful Chinese government efforts to end the nation’s stock rout, with regulators planning to soon brief President Xi Jinping on the market. Chinese stocks extended their rebound after Bloomberg reported regulators, led by the China Securities Regulatory Commission, plan to update the top leadership on market conditions and the latest policy initiatives, according to people with knowledge of the matter. The CSI 300 benchmark closed 3.5% higher on its best d...

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