The People's Bank of China (PBOC, the central bank) on Tuesday injected 130,000 yuan (US $ 8,400 million, USD 9,200) liquidity in the market to curb the stock market crisis, announced in a statement.
The Shanghai stock market fell on Tuesday losses (-0.26% at the end), like that of Shenzen (-1.86%) in a volatile market, after a fall of nearly 7% on Monday, which generated early closure of the sessions.
"Liquidity is reduced in the market and the PBOC had to react to that," said Frances Cheung, Societe Generale, told Bloomberg News.
A Chinese government agency on Tuesday proceeded to buy stocks, a type of intervention and used in Chinese stock market crash last summer, according to Bloomberg News, citing sources close to the authorities.
The fall of the two Chinese stock markets on Monday was a result of the publication of poor indicators in the second world economy, particularly the contraction in manufacturing activity in December for the fifth consecutive month.
Several Asian stock markets, European, Wall Street and Latin America felt the impact and also suffered losses on Monday. On Tuesday, world markets tended to recover.
The collapse Monday in Shanghai and Shenzen also due to expire shortly measures taken last year by Chinese authorities to curb the collapse of markets, analysts said.
In July, Beijing decided to temporarily prohibit the selling shareholders holding more than 5% of a listed company stock to avoid sudden collapses like those that occurred in China in mid-2015.
However, as indicated by this means financial Tuesday, the Commission on regulation of financial markets (CSRC) have asked the two Chinese exchanges announce to listed companies that prohibition will be extended beyond Friday, January 8, when should be lifted. The CSRC did not confirm the information, but will make an announcement "soon".
China's GDP growth slowed to 6.9% annually in the third quarter of 2015, and will be for all of last year one of the weakest in the last quarter century. This indicator will be published on 19 January.