China Market surges on policy support hopes
Mumbai, Feb. 29 -- Mainland China share market finished session sharply higher on Thursday, 29 February 2024, as appetite for risk assets underpinned after the country's securities regulator statement to tighten scrutiny of derivative businesses in the stock market. Investors also pinned hopes for further stimulus ahead of next week's annual session of the National People's Congress.
Next week's annual session of the National People's Congress, where the annual growth target will be set and a plan will be laid out for achieving it, will provide the clearest indications of the government's stimulus efforts.
In the latest move to revive investor confidence, the China Securities Regulatory Commission said it would strengthen supervision of...
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