Source: SCMP — Business & Markets
China’s stocks rebounded from a brutal sell-off in October on speculation that Beijing would double down on efforts to stem a rout that sent its benchmark into a bear market. The CSI 300 Index rose 0.3 per cent to 3,997.76 as of 9.36am local time. The Star Market 50 Index, which is dominated by the nation’s biggest chipmakers, gained 0.6 per cent. Speculation was mounting that China would bolster a 300 billion yuan (US$45.1 billion) relending facility, introduced in 2024 as part of a package to…
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