China stocks rise on monetary easing; Evergrande woes in focus


SHANGHAI: China stocks ended higher on Tuesday after the central bank cut the amount of cash banks must hold in reserve, while investors cautiously watched if Evergrande would default as the world's most indebted developer inches closer to a debt restructuring.

The blue-chip CSI300 index closed 0.6% firmer at 4,922.10, while the Shanghai Composite Index gained 0.2% to 3,595.09 points.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , equities , China Evergrande

Next In Business News

MNRB targets completion of Labuan Re acquisition by 4Q26 to boost global expansion
Glostrext posts record FY26 earnings as net profit jumps 43%
Topmix posts higher 1Q net profit of RM3.41mil, commits to 20% dividend payout
Ringgit closes higher against US dollar on hopes of US-iran deal
AEON Bank appoints Mohammad Ridzuan Abdul Aziz CEO
Allianz Malaysia 1Q net profit rises 6.7% to RM227.3mil
Censof wins IRB contracts totalling RM19.9mil
TMK Chemical 1Q profit jumps 45% as growth momentum accelerates
Paramount targets RM1.2bil property sales in 2026
PMW International wins RM11.92mil Perak road project supply deal

Others Also Read