KM Financial Solutions | China shares gain after cenbank slashes reserve requirements

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China shares gain after cenbank slashes reserve requirements

06 Jan China shares gain after cenbank slashes reserve requirements

Posted at 04:52h in News by KMFSLLP 0 Comments

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China stocks climbed on Monday
after the country’s central bank slashed the amount of cash that
banks must hold in reserve in an attempt to avoid a sharp
economic slowdown, but worries over growth and trade continue to
dent investor sentiment.

** At midday, the Shanghai Composite index was 0.44
percent higher