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Politburo Signals A Share Support - Yicai

CHINA PRESS
MNI (BEIJING)

The recent politburo meeting signalled policy support to boost the A-share market in response to low stock valuations and investor confidence, according Yicai. The news agency noted the politburo’s rare use of the term "activate capital market and boost investor confidence" struck a different tone to previous “maintain stable operation of the capital market”. Ming Ming, chief economist at CITIC Securities, said the market expects policy support to boost the attractiveness of the capital market and guide the increase of direct financing. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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