Chinese Shares Surge on Hopes for RRR Cut, Consumption Boosting Policies - WSJ

1. Chinese shares reach highest level this year amid economic support hopes. 2. PBOC expected to ease liquidity, potentially cutting reserve requirement ratios. 3. Consumption policies anticipated from key policymakers' upcoming press conference. 4. Shanghai Composite and Hang Seng Indexes both ended higher on Friday. 5. Strong gains in liquor and insurance stocks observed in Chinese markets.