China's stimulus came more into focus on Friday—and stock markets liked it. Mainland China's CSI 300 Index and Hong Kong’s Hang Seng Index both gained 3.6% after People’s Bank of China Governor Pan Gongsheng said the central bank could cut lending rates again as soon as Monday.

China’s central bank unveiled two new funding schemes on Friday, aiming to inject as much as 800 billion yuan ($112.38 billion) into its stock market. These initiatives, introduced by the People’s Bank of China (PBOC),

Chinas Central Bank Initiates 800 Billion Yuan Funding Schemes On Friday, the Peoples Bank of China (PBOC) launched two significant funding schemes, injecting up to 800 billion yuan ($112.38 billion) into the