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البلاد
China Seeks Market Calm
China’s State Council, chaired by Li Qiang, called for stronger mechanisms to stabilize the capital market after shares of AI companies Moore Threads and MetaX fell by about 50% over six months and the STAR 50 Index dropped roughly 6%. Authorities reactivated measures to inject liquidity and encourage stock purchases. On Tuesday, net inflows into nine state-backed exchange-traded funds hit a record 120 billion yuan ($18 billion); reports said regulators had asked for new listings to be halted to boost liquidity. The meeting also called for faster progress in six infrastructure areas: water, energy, computing, communications, underground pipelines and logistics.
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