CHINA CONVENES BANKS IN BID TO RESTORE MARKET CALM AFTER ROUT. #China $ASHR
FTSE China A50 futures quickly rise by 1.88%. 
$CNH rises against $USD to 6.5028 on headline about China banks meeting.
US-listed Chinese stocks in premarket session:
$FUTU +9.5%
$PDD +8%
$BILI +5.7%
$NTSE +5.5%
$BABA +3%
$TCOM +4.4%
#China
$FUTU +9.5%
$PDD +8%
$BILI +5.7%
$NTSE +5.5%
$BABA +3%
$TCOM +4.4%
#China
The hastily arranged call, which included attendees from several major international banks, was led by CSRC Vice Chairman. Some bankers left with the message that the education sector policies were targeted and not intended to hurt other companies.
news.bloomberglaw.com/securities-law…
news.bloomberglaw.com/securities-law…
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