Chinese Stocks, Yuan Stage Late Rebound on Politburo Pledges.

Chinese stocks listed in Hong Kong experienced a late rebound as top Chinese leaders pledged to ease monetary policy and boost consumption. The Hang Seng China Enterprises Index saw its biggest gain since October 18, climbing 3.1%, while the offshore yuan strengthened by 0.1%. The Politburo, led by President Xi Jinping, announced plans for a "moderately loose" strategy next year, signaling greater easing ahead. Regional currencies, including the Australian dollar and New Zealand's currency, also received a boost from the Politburo's statements. [Extracted from the article]