World shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by companies and major shareholders.
The volatility was amplified as day traders resorted to profit-taking, taking advantage of the steep rise in stock prices ... added US$3 trillion in market value to China’s onshore stocks.
U.S.-listed exchange-traded funds tracking Chinese equities were surging on Friday morning after the People's Bank of China rolled out promised support for the stock market just as data showed the ...