SHANGHAI, Sept 27 — China and Hong Kong stocks are on track for their best weekly performances in 16 years, as Beijing rolled out its most aggressive stimulus package since the...
Celebrity preacher PU Azman jailed 24 years, two strokes of rotan after guilty verdict on sexual assault charges against male teen
China's blue-chip CSI300 and benchmark Shanghai Composite indexes have so far gained 15 per cent and 12 per cent, respectively, for the week, set for the strongest weekly performances since late 2008. Hong Kong's Hang Seng index has also added nearly 13 per cent. China's central bank said on Friday it would cut the amount of cash that banks must hold as reserves by 50 basis points and lower the borrowing cost of its seven-day reverse repurchase agreements by 20 basis points, part of efforts flagged on Tuesday aiming to get the ailing economy back on more solid footing.China's property shares extended gains on Friday, jumping 7.
Hang Seng Index Shanghai Stock Exchange Chinese Economy China
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