China Stocks Rebound Amid Easing Bets After Dismal Start to Year
- Hang Seng China stock gauge climbs the most in two weeks
- Meituan rallies after completing its first share buyback
A person flies a kite in front of buildings in Pudong's Lujiazui Financial District in Shanghai, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China stocks rallied on Thursday in what was largely seen by market watchers as a technical rebound amid expectations of policy easing by the central bank.
The Hang Seng China Enterprises Index of major mainland companies listed in Hong Kong jumped as much as 2.3% before finishing the day up 1.4% — the most in two weeks. It had fallen in each of the previous four straight sessions. The Hang Seng Tech Index climbed more than 2% while on the mainland, the benchmark CSI 300 Index rose 0.6%.