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Chinese Stocks Jump Following Xi’s Bullish Comments On Tech, Emphasis On Supporting Market - The Florida Star | The Georgia Star

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By Wayne Duggan The iShares China Large-Cap ETF (NYSE: FXI) jumped Monday morning after China’s President Xi Jinping delivered a speech emphasizing supporting markets. He suggested the long-lived crackdown on Chinese tech stocks may be nearing an end, and encouraged Chinese companies to buy back their beaten-down stocks. What Happened? Xi delivered a speech at the opening of the 20th […]

The post Chinese Stocks Jump Following Xi’s Bullish Comments On Tech, Emphasis On Supporting Market first appeared on The Florida Star | The Georgia Star.

Source: The Florida Star

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