Shanghai Composite index closes trading with an increase of 1.27%, while that of Shenzhen rises by 1.29%. The cut of 25 basis points, to 3.95%, decided by the Central Bank (PBOC) in the 5-year prime rate on loans (LPR), the benchmark for real estate mortgages, as a last effort to revive the economy in difficulty.
Shanghai closes at +1.27%. Shenzhen closes at -1.29%, to 1,650 points.