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China stocks rise on reports of regulatory support, Huafa concerns weigh on bonds
SHANGHAI: China’s battered stock market edged higher on Monday after media reports said regulators would meet financial institutions to discuss measures to support capital markets, while concerns over a state-backed conglomerate continue to pressure bond funds. The blue-chip CSI300 Index rose about 0.5% in early trade after slumping 8.5% in October, its worst monthly performance in more than a decade as a selloff in technology stocks weighed on sentiment. The Shanghai Composite Index climbed 0.3%. China’s central bank and securities watchdog were due to meet brokerages and fund managers on Mon...
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