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Factors supporting Monday's rally in...>

CHINA STOCKS
CHINA STOCKS: Factors supporting Monday's rally in Chinese mainland equity
markets.
- A front-page editorial in the state-owned Securities Times suggesting that
fostering a "healthy" bull market after the pandemic is now more important to
the economy than ever.
- CICC hiked equity index/brokerage target prices, facilitating strong
performance in brokerage names, despite some industry giants playing down
rumours of a potential merger in the sector.
- Friday's announcement from China Securities Finance Co re: easing rules for
margin financing.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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