Chinese Vice-Premier Urges Steps to Restore Confidence in Stock Markets After $1 Trillion Rout
-
Chinese vice-premier calls for supporting listed firms to stabilize stock market, boost confidence
-
Urges visiting listed firms to improve investment appeal, quality, self-reliance
-
Steps aimed at rebooting sagging Chinese stock exchanges, gloomy investor sentiment
-
Follows $1 trillion rout in 2022, PBOC stimulus to inject $150B into markets
-
Pushes localities to establish financing for housing projects, prevent misuse of buyer deposits