From Bloomberg: 2024-04-14 22:37:41

Chinese stocks rallied on Monday with the CSI 300 Index surging 1.7% thanks to renewed regulatory support from Beijing. The State Council announced tightening stock listing criteria and stricter supervision of dividend payouts. Despite a recent seven-day losing streak, Chinese stocks are showing signs of stability and potential long-term growth. In contrast, the Hang Seng China Enterprises Index fell in response to Middle East tensions, causing a slip in the MSCI Asia Pacific Index. China Vanke Co. saw an increase in shares after announcing plans to address liquidity pressure. The CSI 300 remains flat for April, signaling a cautious market. Investors are closely watching economic data for signs of recovery as manufacturing shows progress but exports and credit data disappoint.



Read more at Bloomberg: Chinese Stocks Advance as Beijing Renews Regulatory Support