Sign up Australia
Proactive Investors - Run By Investors For Investors

China's stocks rise on rumours of market measures to boost equities

China's stocks rise on rumours of market measures to boost equities

China mainland stocks rose for a second day on speculation regulators will introduce measures to boost equities after the benchmark index dropped to the lowest levels since 2009.

The Shanghai Composite Index climbed 0.3 percent to 2,033.19 at the close, erasing a loss of as much as 1.1 percent.

Speculation has it that regulators may introduce “concrete” measures to boost the stock market should the Shanghai index fall below the 2,000 level.

Equities have rallied so far this quarter on hopes for central bank action to stimulate the flagging global economy.

With the Shanghai Composite close to 2,000, there’s speculation but little fact to date that the government may unveil some market-boosting measures.

 

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.



Register here to be notified of future . Company articles
View full . profile

Proactive Investors Australia Timeline

Related Articles

laptop_and_hands.png
May 24 2016
Porta Communications looks to be succeeding in its bid to build a global integrated agency as the group's half year results underlined.
learning symbol on a keyboard
January 17 2017
The English language learning specialist is confident it can kick on in the coming year
social-media.jpg
Tue
One of particular development of note is Cello Pulsar, a social media analytics tool that has, according the experts, the potential to be a real winner.

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.