Posted 2/4/2024, 8:53:12 PM
Chinese Regulators Vow Stock Market Support Amid Continued Turbulence
- Chinese regulators pledge support for stock market but give no specifics
- Securities commission promises to prevent abnormal fluctuations, guide in medium/long-term funds, crack down on illegal activities
- CSI 300 index fell to 5-year low on Friday, 6th straight monthly loss
- Reports China considering $278B stock market stabilization fund
- Former President Trump said he'd consider tariffs on Chinese imports above 60%