Emerging market stocks rebounded after three days of losses after China mounted a state-sponsored rescue program for its tech shares.

The rally extended to other emerging market assets as investor sentiment improved on signs of policy support from Beijing. The China Securities Regulatory Commission unveiled measures to stabilize the market, including restrictions on short selling and pledges from state-backed funds to buy shares.

Meanwhile, progress in Iran Talks over nuclear negotiations added to the positive backdrop, easing geopolitical concerns that had weighed on risk appetite. The combined catalysts helped the MSCI Emerging Markets Index snap a losing streak.

The state-sponsored program includes liquidity injections and regulatory easing aimed at restoring confidence in the technology sector, which has been battered by a year-long crackdown. Market participants welcomed the move but remain watchful for implementation details.