China stocks rise on hopes of more economic support; Hong Kong down The Edge Markets


Key Topics in this News Article:

News Snapshot:

- A + A SHANGHAI (Nov 23): China stocks rose on Tuesday after state media quoted the country's premier as saying Beijing should step up efforts to stabilise key economic areas, while real estate shares rebounded after some banks were told to issue more loans for property projects. The CSI300 index rose 0.2% to 4,922.02 by the end of the morning session, while the Shanghai Composite Index gained 0.4% to 3,597.53. The Hang Seng index dropped 1.0% to 24,698.49. The Hong Kong China Enterprises Index lost 0.9% to 8,848.98. ** China's economy faces new downward pressures but authorities should avoid...