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KM Financial Solutions | China’s blue chips end at 8-month high on hopes of lower financing costs
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China’s blue chips end at 8-month high on hopes of lower financing costs

29 Dec China’s blue chips end at 8-month high on hopes of lower financing costs

Posted at 07:26h in News by
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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.

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