From Yahoo Finance:

China’s equity market saw a 1.4% gain during the legislators’ annual meeting, the first increase in six years. The CSI 300 Index rose, supported by China’s 2024 economic growth target of 5%. $14 billion in stocks were bought during the event, aided by market rescue efforts and regulatory adjustments.

In the past 17 years, the market typically dropped by 2% during the meeting, but this year saw positive momentum. The event had few negative surprises and lasted seven days due to lighter Covid restrictions, unlike pre-pandemic times. The traditional post-NPC press conference was scrapped without much impact on sentiment.



Read more at Yahoo Finance: Chinese Stocks Sustain Momentum During Annual Political Event