Marketmind: Beijing tries new ways to lift moribund markets

Chinese blue chips rally as Beijing introduces measures to support the market, including reducing stamp duty on stock trading and approving the launch of retail funds, while US Commerce Secretary Gina Raimondo begins talks with Beijing to boost business ties.

yahoo.com

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Posted 8/28/2023, 4:35:00 AM

Marketmind: Beijing tries new ways to lift moribund markets

yahoo.com

Relevant topic timeline:

8/25/2023

The US needs a stable Chinese economy. Will Biden's commerce secretary offer help?

8/28/2023

Asia shares rally as China measures boost market

Asian shares rally as China announces new measures to support its struggling markets, while investors remain cautious ahead of U.S. jobs and inflation data that could impact interest rates.

8/28/2023

Chinese Stocks Rally After Beijing Moves to Boost Market

Chinese stocks rally as Beijing takes steps to boost the market.

8/28/2023

Hong Kong stocks jump by most in 5 weeks on Beijing’s market-boosting steps

China's stamp duty and margin cuts revive confidence in the Hong Kong stock market, leading to a rally in stocks such as HKEX, Alibaba, and BYD, while China Evergrande continues to struggle.

8/28/2023

Latest market-sensitive news and views - Aug. 28

China has announced measures to support the market, including reducing stamp duty on stock trading and approving the launch of retail funds, but the response from investors has been muted.

8/30/2023

Chip stocks rally after Huawei's low-key launch of new Mate 60 Pro phone