China stock markets veer up on trust in state support

21.07.2022

Mainland China and Hong Kong stocks tracked global peers higher on Wednesday, while an official pledge to support economic recovery from the COVID-19 fallout also helped lift market sentiment.

At the close, the Shanghai Composite index gained 0.77% to 3,304.72 points, while the blue-chip CSI300 index was up 0.34% at 4,283.8...