Chinas stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over state-backed Zhuhai Huafa Groups liquidity continued to weigh on related stocks and bond funds.
Headlines report that China’s central bank is stepping up relending support for stock repurchases and increased holdings, alongside other measures to support the market. Reports also describe planned talks on market support and mixed investor responses, with stocks edging higher in some accounts and continuing to fall in others.
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