Chinese stocks rose by 0.4 per cent as state-backed insurers tout long-term investment

Chinese stocks rose, extending a rebound spurred by regulatory support after global-sell-offs dampened sentiment.
The CSI 300 Index climbed 0.4 per cent as of 9.35am local time and the tech-heavy Star Market 50 index added 0.4 per cent.

Hong Kong’s Hang Seng Index rose 0.3 per cent.
In the latest sign of government support for stocks, five state-backed insurers including Ping An Insurance Group and the People’s Insurance Group of China, all touted the long-term investment values of Chinese...