Beijing's emergency moves bring some relief to stocks
Tue, Jul 07, 2015 - 5:50 AM
Monday's gains were focused on blue chips, particularly the big banks. In contrast the ChiNext growth board, with some of the giddiest small-cap valuations, fell 4.5 per cent.
CHINESE stocks rose on Monday, as an unprecedented series of support measures unleashed by Beijing brought some relief to a market whose headlong slide over the past three weeks had raised fears about the stability of the world's second-biggest economy.