$CSI 300 Index (000300.SH)$ $CSI 300 Financials (000849.SH)$
Chinese financial stocks extended their recent rally, as traders continued to bet on policy support for state-run firms to help regain momentum in a market faced with renewed growth concerns.
The CSI 300 Financials Index jumped as much as 1.4% on May 9, on track for a six-day winning streak, the longest in 4 months. Bank of China led the pack with a 6.2% jump, even after it said business operations are normal and it has nothing major to d...

$CSI 300 Index (000300.SH)$ $CSI 300 Financials (000849.SH)$
Chinese bank stocks soar, with some banks posting their biggest single-day gains since the country's 2015 equity bubble after more lenders cut their deposit rates and further progress on state-owned enterprise reform boosted investor sentiment. The CSI 300 Financials Index jumped for a fifth consecutive session on Monday, adding nearly USD159 b in market value. The gauge is poised to hit its highest level since April 2022.
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