Posted 1/30/2024, 9:01:01 AM
Chinese Vice-Premier Pushes Measures to Restore Stock Market Stability Amid Economic Slowdown
- Chinese vice-premier calls for improving performance of listed firms to stabilize stock market
- Urges local officials to visit and support quality companies to boost investment appeal
- Steps aimed at restoring confidence, securing capital market stability, promoting economic growth
- Follows moves to inject liquidity and prop up plunging shares
- Also pushes speeding up affordable housing, urban renewal, emergency facilities amid property downturn