Chinese Stocks Extend Gains on Continued Stimulus Optimism.

Chinese stocks have continued to rise as investors remain optimistic about the impact of Beijing's stimulus measures on the market. The Hang Seng China Enterprises Index increased by 3.4%, with companies like New Oriental Education & Technology Group Inc. and Li Ning Co. leading the way. The People's Bank of China has announced plans to establish a swap facility that will allow securities firms, funds, and insurance companies to access funds for purchasing equities. Analysts believe that these measures will benefit Chinese equity markets and investors, as well as the Asian segment of the emerging markets universe. [Extracted from the article]