HK ’ s Hang Seng Index up 3%, Hong Kong's Hang Seng Tech Index up 5.5%, Tencent jumped 4.4%, JD.com gained 8.4%, Alibaba advanced 6.5%, HELENS rose 31%, HAIDILAO rose 14%.
China Politburo: will pay close attention to improving the system of childbirth support policies
China Politburo: will strive to stimulate capital market, make great efforts to guide mid- to long-term capital enter the market
China Politburo: necessary to support and regulate the development of social forces in the old-age care and childcare industries
China Politburo: will study and roll out policy measures to protect small and medium-sized investors
China Politburo: will focus on employment of key groups such as fresh college graduates, rural migrant workers
China is considering injecting up to 1 trillion yuan ( $142 billion ) of capital into its biggest state banks to increase their capacity to support the struggling economy, Bloomberg reported Thursday, citing people familiar with the matter.
With China ’ s central bank recently surprising the market with its broad package of monetary stimulus steps, more fiscal measures may come in the next few days as President Xi Jinping ’ s 24-member Politburo is set to meet ahead of the weeklong holiday.
In a rare announcement of direct aid, coming just a day after unveiling a sweeping program to stimulate the world ’ s second-largest economy, authorities said they will give one-off cash handouts to people in extreme poverty, the state broadcaster CCTV reported Wednesday, without providing details.
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