Asia stocks set for weaker start, ASX to break win streak, Nikkei closed: "China's share markets widened gains early Monday, with the Shanghai Composite rising more than 3 percent, following a report by the China Securities Journal that quoted a senior central banker saying that the country's stock market correction is "almost over."
Yi Gang, deputy governor of the People's Bank of China (PBOC) told an annual meeting of the International Monetary Fun (IMF) and World Bank in Peru that the corrections in the mainland's equity market have had limited impact on the world's second-biggest economy as Beijing has taken a series of measures to avoid systemic risks, Reuters reported.
Hopes of further stimulus when the government convenes later this month to discuss the 13th five-year plan.also boosted sentiment."
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