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2024-02-22T02:21:22.513Z
Highlights: Stock market: Shanghai opens at +0.75%, Shenzhen at +1.13% - Breaking news. The Chinese stock markets consolidated their gains after the opening, continuing the positive trend started two days ago. The cut of 25 basis points, to 3.95%, decided by the Central Bank (PBOC) in the primary lending rate (LPR) to 5 years, the mortgage benchmark. The Shanghai Composite index rises by 0.75% to 2,973.17 points, while that of Shenzhen marks an increase of 1.13%.
The Chinese stock markets consolidated their gains after the opening, continuing the positive trend started two days ago by the cut of 25 basis points, to 3.95%, decided by the Central Bank (PBOC) in the primary lending rate (LPR) to 5 years, the mortgage benchmark... (ANSA)
The Chinese stock markets consolidated their gains after the opening, continuing the positive trend started two days ago by the cut of 25 basis points, to 3.95%, decided by the Central Bank (PBOC) in the 5-year primary rate on loans (LPR), the real estate mortgage benchmark, last effort to revive the economy in difficulty: the Shanghai Composite index rises by 0.75%, to 2,973.17 points, while that of Shenzhen marks an increase of 1.13%, to 1,647, 35.
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