Stocks firm up as new pledges lift sentiment
By Xin Zhiming and Wang Yanfei | China Daily | Updated: 2018-10-31 07:52
Market regulator vows more measures to enhance liquidity, boost M&As and share buybacks
China's A-share market remained weak on Tuesday, losing as much as 0.8 percent in early trading, but managed to rebound after the securities regulator pledged to enhance market liquidity.
The benchmark Shanghai Composite Index closed 1.02 percent higher, at 2568.05 points, after Monday's 2.2 percent drop. The CSI300 index ended 1.1 percent higher at 3110.26 points after falling 3 percent on Monday.
Photo