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International Business Times
International Business Times
Business
AFP News

Shanghai Stocks Swing After Stimulus Briefing As Most Of Asia Rises

Chinese officials have come under pressure to provide support for the country's battered property sector (Credit: AFP)

Shanghai stocks fluctuated Monday as traders digested a pledge by China's finance minister to provide more help for the country's struggling economy, while most other Asian markets tracked another record day on Wall Street.

While a much-anticipated briefing on Saturday failed to deliver a hoped-for overall figure on stimulus, Lan Fo'an did set out plans to boost the beleaguered property sector, ramp up borrowing and work to get banks lending more.

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