An employee uses a machine to count 100 yuan notes at a bank in Shanghai. The People’s Bank of China said on Friday it would proactively guide the market in the face of a stronger US dollar and the ongoing trade war between Washington and Beijing. Photo: AFP

Mainland and Hong Kong stocks rally after Chinese central bank moves to stabilise the yuan

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An employee uses a machine to count 100 yuan notes at a bank in Shanghai. The People’s Bank of China said on Friday it would proactively guide the market in the face of a stronger US dollar and the ongoing trade war between Washington and Beijing. Photo: AFP
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