First Word Asia: All About Chinese Stocks

Bryan Curtis and Doug Krizner
Bryan Curtis and Doug Krizner
Source: Bloomberg

Nov. 19, 2015

Chinese stocks have risen to a one-week high in Hong Kong trading. Investors cited minutes from a Federal Reserve meeting, signaling a gradual pace of any U.S. rate increases. Also, the People’s Bank of China doubled the amount of money supplied to the financial system via a short-term lending tool. That helped contain borrowing costs as a freeze on new share sales draws to an end.

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