China’s CSI 300 ended October with a record 12-week run of weekly declines, after falling 8.5% for the month, its sharpest monthly loss since early 2016.
The benchmark tracks 300 of the largest and most liquid stocks in China’s A-share market, according to China Securities Index Co. EconoTimes previously covered the index’s approach to a 12th weekly loss.
Both of China’s official October PMIs—the manufacturing and nonmanufacturing surveys—returned to contraction.
The People’s Bank of China and securities regulators are expected to meet some securities firms and funds Monday, Nov. 2, to discuss expanding relending for stock repurchases and additional share purchases.
