China stocks hover near 1-year low despite fresh support measures

SHANGHAI: China stocks struggled near one-year lows on Wednesday, despite fresh government moves to support the market as investors remained cautious while bracing for news from the US midterm elections. The blue-chip CSI300 Index and the Shanghai Composite Index were roughly flat by the midday break. Hong Kong’s Hang Seng Index was also little changed. China’s central bank said on Wednesday that…