The Chinese stock markets consolidate their gains and continue the positive trend started two days ago with 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: the Shanghai Composite index closes trading with an increase of 1.27%, to 2,988.36 points, while that of Shenzhen rises by 1.29%, to 1,650 points ,10.
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