29 January 2024
Money in the Market: Is this the end of China’s stock market rout?
Chinese authorities are stepping up efforts to stabilise the recent stock market rout. On top of a potential rescue package to bolstore the stock market that will see a mobilisation of more than 2 trillion yuan, authorities have halted the lending of certain shares for short selling from today. Now while the new steps by Beijing outweighed the drag on sentiment from the liquidation of property giant China Evergrande, does the rally mark an end to the country’s three-year long market meltdown? Or are the latest measures more of a short term remedy? On Money in the Market, Hongbin Jeong speaks to Shen Hong, Asia Markets Editor at Bloomberg to find out more.

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