China stock rally fizzles as stimulus news disappoints
A stock market rally in China has fizzled out as a highly-anticipated announcement on plans to boost the country's ailing economy disappointed investors. Shares had jumped by over 10% as trading restarted after the Golden Week holiday but fell back after a news conference by the country's economic planners.
The government has fired up investors by encouraging banks to lend more to buyers of stocks and real estate, but officials ...
Investors had hoped China's state economic planning body, would roll out more detailed stimulus measures on Tuesday.
While the Chinese government has recently enacted stimulus measures to revitalize its flagging economy, many investors and ...
Chinese stocks began Tuesday’s session with a bang — an onshore benchmark surged 11% as soon as trading resumed after a ...
But today, Alibaba's stock trades at about $113, having shed more than 60% of its value as it faces tough macro, competitive, ...
Despite the risks of investing at a volatile time, investors see the recent stock rally as a rare opportunity to make money ...
Tech megacaps, led by Nvidia ( NVDA ), pushed markets higher to recoup some of the previous session's losses, with the Nasdaq ...
China's Twitter equivalent, Weibo, was abuzz with discussions about the stock market rally a day before they reopen.
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