(Bloomberg) -- Chinese stocks rose further Wednesday, extending a rally as hopes grew that authorities will take more forceful measures to sustain a nascent market recovery.
The Hang Seng China Enterprises Index advanced 1.1%. The onshore benchmark CSI 300 Index rose 0.2%, following a gain of 3.5% Tuesday.
ADVERTISEMENT
The world’s second-biggest stock market staged an impressive rally Tuesday after policymakers ramped up rescue efforts, such as widening trading curbs on certain investors and a pledge by the nation’s sovereign wealth fund to boost its support. News that regulators plan to brief President Xi Jinping on markets also fueled optimism about more concerted efforts.
X
WATCH: Lorraine Tan of Morningstar explains why she thinks the region’s markets markets are reasonably attractive led by China.Source: Bloomberg
More stories like this are available on bloomberg.com
©2024 Bloomberg L.P.
ADVERTISEMENT
RECOMMENDED FOR YOU
China Stocks Turnover Tops $300 Billion As Bulls Take Charge
Aug 14, 2025
Oil Edges Higher After Trump Extends Tariff Pause On China
Aug 12, 2025
Stocks Stage Rebound As Dip Buyers Wade Back In: Markets Wrap
Aug 04, 2025
US Stocks Rise After Data Show Economy Is Holding Up: Markets Wrap
Jul 17, 2025
POPULAR
1
Pixel 10 Pro Fold Specifications Surface Online Ahead Of Aug. 20 Launch, Check Key Features
2
Mumbai Rains LIVE Updates: IMD Issues Red Alert; Schools, Colleges Closed; Airport Issues Passenger Advisory
3
Google Issues Warning As Hackers Mimic Gmail Security Alerts To Steal Passwords
4
iPhone 17 Pro Max Camera Upgrades Revealed In New Leaks: Here’s What We Know
5