Chinese government officials, led by the China Securities Regulatory Commission, are set to brief President Xi Jinping on the nation’s stock market turmoil and planned policy measures, sparking hope among investors for a robust intervention to halt the market’s decline. The briefing comes as Chinese stocks show signs of recovery, with significant gains in both major and small-cap indices. Despite the uncertainty of new support measures, the market’s recent performance reflects growing expectations for decisive government action amid concerns over investor sentiment and consumer confidence as China approaches the Lunar New Year holiday.
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