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Earnings flood from China's stocks: Is a turnaround on the horizon?
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PBOC, NFRA, AND CSRC HELD A MEETING WITH MAJOR FINANCIAL INSTITUTIONS ON IMPLEMENTS OF FINANCIAL INCREMENTAL POLICIES.
PBOC:
TO BOOST CREDIT SUPPORT FOR THE REAL ECONOMY.
TO ENSURE REASONABLE MONETARY AND CREDIT GROWTH, AND BOOST FINANCING FOR SME BUSINESSES.
TO ENSURE ADJUSTMENTS TO REDUCE EXISTING MORTGAGE RATES.
TO SUPPORT STABLE DEVELOPMENT OF CAPITAL MARKETS.
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