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Wednesday, 16 March 2022

#Beijing To Support #Terrible Markets - #Tech #Stocks Rally

March 16, 2022

South China Morning Post

Chinese tech stocks soar by record in Hong Kong as Beijing pledges support for troubled markets

Hang Seng Index logged best day since October 2008 while the Tech Index rallied by a record since inception in July 2020
A State Council committee pledged to ensure market stability, Xinhua reported, after a rout in offshore Chinese stocks infected onshore markets.