Chinese equities rebound on hopes of support from Beijing
国有基金誓言加大购买力度 中国股市反弹
Regulators release a series of announcements in a bid to stabilise markets
这让股民对北京方面可能准备提供更多支持、为数月来不断下滑的股价筑底产生希望。
Chinese equities staged a rebound on Tuesday as state funds vowed to step up share purchases, spurring investor hopes that Beijing might be ready to offer more support to put a floor under months of sliding prices.
中国股市周二反弹，原因是国有基金誓言加大购买力度，这让股民对北京方面可能准备提供更多支持、为数月来不断下滑的股价筑底产生希望。
Shares began climbing after Central Huijin, an investment arm of China’s sovereign wealth fund, said it would expand its purchases of exchange traded funds.
中国主权财富基金旗下投资机构中央汇金(Central Huijin)表示将扩大增持交易所交易基金(ETF)后，股市开始攀升。
The China Securities Regulatory Commission also said it would encourage institutional investors to hold A-shares for a longer period of time, as it worked to stabilise a sell-off that has wiped out almost $2tn in market capitalisation from a 2021 peak.
中国证监会(CSRC)也表示，将鼓励机构投资者更长时间地持有A股。证监会正在努力控制A股抛售潮。目前，A股市值已从2021年的峰值蒸发近2万亿美元。
