
Beijing pumps US$8.86b into stocks via state buys as China’s market drops
Two state-backed firms deploy about 60 billion yuan to cushion equity declines, signaling direct policy support during turbulence.
By Hessa Al-Faleh·· 3 min

Curating from trusted global sources…
1 briefing · “beijing”

Two state-backed firms deploy about 60 billion yuan to cushion equity declines, signaling direct policy support during turbulence.