China’s blue chips end at 8-month high on hopes of lower financing costs
China’s blue-chip index closed
at an eight-month high on Monday, as the country’s central bank
planned to switch benchmark for floating-rate loans to lower
funding costs, while investors cheered signs of economic
resilience following a Sino-U.S. trade truce.
at an eight-month high on Monday, as the country’s central bank
planned to switch benchmark for floating-rate loans to lower
funding costs, while investors cheered signs of economic
resilience following a Sino-U.S. trade truce.
Posted by Reuters
