Chinese stocks moved higher as investors responded to renewed commitments from Beijing to stabilise the country’s stock market. The gains followed a volatile period for regional equities, with technology shares and concerns over domestic economic demand weighing on sentiment.
The Shanghai Composite and CSI300 both recorded gains, while Hong Kong shares also edged higher.
China’s State Council has called for further measures to strengthen market stability and support investor confidence. The latest commitment comes as policymakers face pressure to address weak domestic demand and ongoing volatility in equity markets.
Recent inflation figures highlighted the challenges facing the economy, with producer price inflation accelerating while consumer inflation slowed, reflecting continued weakness in domestic demand.
Although government support measures have helped improve short-term sentiment, a sustained market recovery will depend on stronger corporate earnings, improved consumption and greater investor confidence.
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