China set to halt real-time foreign stock data flow amid housing crisis; focus on positive market factors, reforms – Firstpost

From Network18: 2024-05-12 00:40:55

China takes steps to boost economic confidence by halting real-time transmission of foreign stock flows, focusing instead on daily turnover details. The move has sparked a rally in Chinese shares, but raised concerns about data transparency. Home prices in China dropped in March, highlighting the deepening housing crisis. Beijing prepares for July plenum to unveil economic reform blueprint amid global competition.



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