HONG KONG — Trying to stem a steep decline in the stock prices of China’s four main banks, the nation’s sovereign wealth fund started buying their shares Monday and plans to buy more in the coming year.
That word, disclosed by the banks late in Monday’s trading session, helped their share prices rebound somewhat on the Hong Kong stock exchange.
That word, disclosed by the banks late in Monday’s trading session, helped their share prices rebound somewhat on the Hong Kong stock exchange.
