China's stocks rise after government stimulus measures boost economic activity and investor confidence.

From Google: 2024-09-25 06:39:45

China’s stocks saw a rise following a series of stimulus measures implemented by the Chinese government. These measures included reducing the reserve requirement ratio for most banks to free up more funds for lending and injecting liquidity into the financial system. The Shanghai Composite Index rose by 0.18% and the CSI300 index increased by 0.31%. The increased liquidity in the financial system is expected to boost economic activity and investor confidence in China.



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