Investors monitor stock prices at a brokerage house in Beijing. The Shanghai Composite Index reaches a one-month high on February 20. Photo: AP Investors monitor stock prices at a brokerage house in Beijing. The Shanghai Composite Index reaches a one-month high on February 20. Photo: AP
Investors monitor stock prices at a brokerage house in Beijing. The Shanghai Composite Index reaches a one-month high on February 20. Photo: AP

China stocks rally to a one-month high on PBOC stimulus while Hang Seng Index struggles to break key technical threshold

  • Market sentiment lifted by central bank’s moves to cut rates and a tapering in new coronavirus cases: Capital Securities
  • Hang Seng Index slipped after coming up against strong technical resistance at near 28,000 level

Topic |   China stock market
Investors monitor stock prices at a brokerage house in Beijing. The Shanghai Composite Index reaches a one-month high on February 20. Photo: AP Investors monitor stock prices at a brokerage house in Beijing. The Shanghai Composite Index reaches a one-month high on February 20. Photo: AP
Investors monitor stock prices at a brokerage house in Beijing. The Shanghai Composite Index reaches a one-month high on February 20. Photo: AP
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