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China's Shares Rebound on Central Bank's Up to 800 Billion-Y…

2024-10-19 10:39:21来源: 钛媒体

TMTPost -- Actions speak louder than words. Chinese shares rebounded Friday on adoption of the central bank’s new tools that will inject up to RMB 800 billion (US$112.38 billion) to prop up the capital market, along with strong indication of further stimuli including interest rate cuts.Credit:Xinhua News AgencyThe mainland China's SSE Composite Index closed up 2.9%, and the ChiNext index, which tracks stocks tr

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