Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
AED • EUR • GBP • USD IBANs   |   CROSS BORDER FX   |   LOCAL CURRENCIES   |   DIGITAL ASSETS
IndicesMarketsStocks

China Stocks Gain on Policy Support Hopes

The Shanghai Composite edged up 0.2% to 3,896 on Wednesday, while the Shenzhen Component rose 0.4% to 13,795, as investors eagerly awaited developments from the ongoing National People’s Congress Standing Committee meeting. The August 25–28 session is being closely watched for policy support following weak economic data and repeated pledges from policymakers to bolster growth. Meanwhile, China Merchants Bank is issuing a three-year floating-rate note linked to the overnight bond repurchase rate, becoming the first domestic commercial lender to do so. Earlier this month, the Export-Import Bank of China became the first policy bank to issue debt tied to the same benchmark. The shift reflects the PBOC’s efforts to elevate the overnight repo rate as the primary anchor for short-term funding costs, bringing the policy framework closer to international standards. Notable gainers included BYD (1%), Victory Giant Technology (1.9%), and Wus Printed Circuit (3.9%).

Register a Revolut Business Account

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button