SHANGHAI/HONG KONG -- China's government has mapped out an "action plan" that calls for supporting employment and the stock market to stimulate domestic consumption, but the move generated little immediate excitement among investors.
After the plan was unveiled Sunday, the CSI 300 Index, a gauge of Chinese stocks listed on mainland exchanges, opened 0.35% higher on Monday morning. It finished the day 0.24% lower, however. The index had gained 2.43% on Friday and was already trading at its highest level in about three months.
