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.
Chinese stocks began Tuesday’s session with a bang — an onshore benchmark surged 11% as soon as trading resumed after a ...
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.
Notably, a gauge of Chinese stocks listed in Hong Kong dropped as much as 11% earlier, the biggest one-day fall in nearly 16 ...
The world-beating rally in Chinese stocks is failing to convince many global fund managers and strategists.Most Read from ...
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