After Stocks Plunge in Hong Kong, Mainland China, Beijing’s Economic Assurances Sends Them Soaring

After Stocks Plunge in Hong Kong, Mainland China, Beijing’s Economic Assurances Sends Them Soaring
A woman uses her phone at the Hong Kong International Airport in Hong Kong on March 21, 2022. DALE DE LA REY/AFP via Getty Images
Jessica Mao
Updated:
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The stock market in continental China and Hong Kong, which plummeted for two consecutive trading days due to the failure of U.S.-China economic talks, rebounded in an abnormally short window after China’s financial commission issued a bailout signal on March 16.

“This just goes to show that the Chinese stock market has always been a ‘policy market’, heavily influenced and manipulated by Chinese Communist Party (CCP) officials, rather than being led by market rules like a normal stock market,” political affairs commentator Lu Tianming told The Epoch Times on March 18.

Jessica Mao
Jessica Mao
Author
Jessica Mao is a writer for The Epoch Times with a focus on China-related topics. She began writing for the Chinese-language edition in 2009.
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