China beefs up efforts to stabilize stock market
2024-02-08 09:47:27 source：CGTN
February 7, 2024
China's A-share market climbed for two days straight on Wednesday, responding positively to the country's securities regulator's recent announcements of a series of policies to stabilize the stock market.
As of the market close on Wednesday, the Shanghai Composite Index rose 1.44 percent, the Shenzhen Component Index climbed 2.93 percent, and the ChiNext Index was up by 2.37 percent.
Institutional investors enter market
Central Huijin, a state-owned investment company, said in a statement on Tuesday it has increased its investment scope of exchange-traded funds, and it fully recognizes the current market allocation value of A shares.
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