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Chinese Stocks Advance as Beijing Renews Regulatory Support

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State Council,CSI 300 Index,Chinese Stocks

(Bloomberg) -- Chinese stocks gained Monday as renewed regulatory support from Beijing shielded the market from a broader selloff hitting Asia. Most Read...

-- Chinese stocks gained Monday as renewed regulatory support from Beijing shielded the market from a broader selloff hitting Asia.The CSI 300 Index jumped as much as 1.7%, with consumer staples and industrials leading the advance. The onshore benchmark is on track to end a seven-day losing streak.The State Council on Friday pledged to tighten stock listing criteria, crack down on illegal share sales and strengthen the supervision of dividend payouts.

Despite Monday’s advance, the CSI 300 is still flat for April, having posted back-to-back monthly gains. BCE stock price has dipped 39% in two years and shows no signs of growth in the next few months. How low can the stock go? The post BCE’s Stock Price Has Fallen to its 10-Year Low of $44: How Low Can it Go? appeared first on The Motley Fool Canada.Photo Illustration by Erin O’Flynn/The Daily Beast/Getty ImagesKherson was the first major city to fall to Russian forces in the days after President Vladimir Putin’s invasion of Ukraine began.

 

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