Caixin
Feb 22, 2024 01:36 PM
FINANCE

China Stock Rally Takes Breather as Traders Weigh Support Steps

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A cyclist rides through Shanghai on Monday. Photo: Bloomberg
A cyclist rides through Shanghai on Monday. Photo: Bloomberg

(Bloomberg) — Chinese shares fluctuated as traders took stock of the latest measures to stabilize markets amid persistent economic risks.

The benchmark CSI 300 Index was up 0.3% as of the midday trading break after swinging between gains and losses. If it ends Thursday higher, the gauge would be seeing an eight-session advance, the longest winning streak since July 2020. In Hong Kong, the Hang Seng China Enterprises Index climbed as much as 0.6%.

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