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China’s finance technocrats grab back the mic

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ICYMI: China’s financial regulators have stepped back up to the market microphone, write petesweeneypro and mak_robyn

Stocks in China and Hong Kong rallied on March 16 after Vice Premier Liu He said Beijing will roll out more measures to boost the Chinese economy as well as favourable policy steps for capital markets. He made the comments in a meeting described in state media.

The benchmark CSI300 Index closed up 4%, while the Hang Seng Index surged 9%. The Hang Seng Tech Index gained 22%.Chinese Vice Premier Liu He gestures as he leaves trade talks with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin in Washington, U.S., May 10, 2019. REUTERS/Leah Millis - RC1B4A2E6F00

 

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petesweeneypro mak_robyn and so what are they sayin?

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