Chinese authorities are making moves to restore confidence in its battered stock markets.
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Ugly corporate results could undermine Beijing's efforts to prop up investor confidence in China's stock markets, which have bled over $6 trillion in market value from 2021.
AdvertisementNews that Beijing is trying to boost the investor confidence gave some upside to China's battered markets.
Persons:
—, it's, Morgan Stanley, Laura Wang, Catherine Chen, Nomura, Li Qiang
Organizations:
Service, Bloomberg, Reuters, CSI
Locations:
China, Beijing, Shanghai, Shenzhen