Chinese Stocks Edge Up After 12-Week Losing Streak as Regulators Said to Discuss Support Measures With Industry

After Chinese stocks fell for 12 consecutive weeks, the CSI 300 Index closed up 0.8 per cent and the Shanghai STAR 50 rose 3.1 per cent, its biggest gain since mid-September. Brokerage shares rose sharply, with Sinolink Securities and Pacific Securities both up 10 per cent at the daily limit. Hong Kong stocks rose 0.4 per cent. Earlier reports said financial regulators would discuss support measures with the industry.