Real estate developers are desperate for easing policies amid the deepening slump, but the latest reports and rumors have fallen short.
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A-share listed firms posted growing revenue but declining profit in Q3, with service firms performing worse than industrials.
China has experienced a power crunch since September and many provinces rolled out aggressive production cuts.
GDP growth could slide to near 3% in Q4 as President Xi grows more tolerant of a short-term slowdown.
We saw early signs of easing from local governments, but Beijing is unlikely to change stance before December.
The change is part of Beijing’s wider plan to include Macau in its broader counter-sanction regime.
Meng Wanzhou’s release follows hot on the heels of Xi’s commitment to end overseas coal project funding.
Beijing is pushing market reform and creating new mechanisms for renewable firms to profit.