HSCEI gauge rises after closing at lowest since October 2022
Investors doubt whether equities rebound can be sustainable
By Bloomberg News
January 22, 2024 at 9:07 PM EST
Chinese stocks rebounded as policymakers consider a package of measures to stabilize the slumping market, giving investors hope that the battered asset class may see short-term relief.
The Hang Seng China Enterprises Index rose as much as 3.8% Tuesday as Bloomberg reported authorities are seeking to mobilize about 2 trillion yuan ($278 billion) as part of a stabilization fund to buy shares onshore through the Hong Kong exchange link. The CSI 300 benchmark for mainland shares reversed losses to trade 0.6% higher.
Por lo pronto sube con fuerza China, si se mantendra toda la rueda... lo sabre mañana
