Equities recover on policy moves

Regulators announce counter-cyclical adjustments, slew of favorable measures

The Chinese A-share market is showing signs of picking up, following positive announcements made during the annual Central Economic Work Conference, which concluded on Friday.

China will strengthen countercyclical adjustments in its macro policy, continue to implement proactive fiscal policy and prudent monetary policy, make preemptive adjustments and fine-tune policies at the right time, and ensure stable aggregate demand, the central regulators said at the conference.