As commitments from China’s top economic leaders to boost financial markets triggered a sharp rebound in shares, many equity watchers remain skeptical that the commentary is enough to put a floor under the biggest rout since the global financial crisis.
The Hang Seng China Enterprises Index, which tracks mainland companies listed in Hong Kong, jumped more than 12% on Wednesday -- nearly wiping out its losses from the previous two sessions -- after Beijing issued a strong promise for policies aimed at market stability.
