Money in the Market: Is this the end of China’s stock market rout?

Chinese authorities are stepping up efforts to stabilise the recent stock market rout. On top of a potential rescue package to bolstore the stock market that will see a mobilisation of more than 2 trillion yuan, authorities have halted the lending of certain shares for short selling from today. Now while the new steps by Beijing outweighed the drag on sentiment from the liquidation of property giant China Evergrande, does the rally mark an end to the country’s three-year long market meltdown? Or are the latest measures more of a short term remedy? On Money in the Market, Hongbin Jeong speaks to Shen Hong, Asia Markets Editor at Bloomberg to find out more.    Highlights: 1. How bad has the equities route been and what was behind it? - 1:09 2. What does the latest rescue package entail and how significant is it? - 2:11 3. Would you say the rescue plan is enough? What are some of the more deep-rooted concerns here? - 4:02 4. What does this now mean for investors and how does this help avoid a further sell-off of Chinese equities? - 5:54 5. Do you see this as more of a short-term remedy? - 6:40See omnystudio.com/listener for privacy information.