Beijing is making moves to restore confidence in its battered stock markets, but there might be another big problem just ahead

Thu, 01/25/2024 - 02:57

Investors are paying attention to the stock market at a securities business hall in Fuyang, China, on December 5, 2023.
Costfoto/NurPhoto/Getty Images

Chinese authorities are making moves to restore confidence in its battered stock markets.
However, the upcoming company earnings season may present ugly headwinds for the markets.
China's economy has been struggling to stage a compelling recovery since the country lifted COVID-19 restrictions more than a year ago.

China authorities have started pulling out moves to shore up confidence in the country's floundering market — but things may not get much better soon.