China's stimulus package might not be enough to fix its economy, but it sent stock markets 8.5% higher — a gain not seen since 2008
Skeptics have been out in force since China rolled out aggressive stimulus measures last week to prop up its ailing economy and markets. It's just not enough to reverse the magnitude of China's problems — including an epic property crisis and high youth unemployment — they say.
China's bond market seems skeptical that recent stimulus will be enough
Yields on Chinese government debt are hovering near multidecade lows as investors remain unconvinced by stimulus efforts.
China Stimulus Sends Las Vegas Sands Stock Up 8% In A Day
Las Vegas Sands stock, a casino and resort company operating in Macau and Singapore, rose 8% on 26th September, as compared to a 0.4% increase in the S&P 500 index.
China's $114 billion stimulus package immediately boosted its stock market. But can it last?
China's $114 billion stimulus has some investors excited, but it's lacking support for the country's discouraged consumers.
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call the long-awaited “bazookas” needed to revive confidence.
China stocks set for best month in nearly a decade on stimulus cheer
Chinese stocks extended a blistering rally on Monday with those in the mainland headed for their best month in almost a decade, as Beijing rolled out further stimulus measures to arrest a slowdown in the broad economy.
Stimulus rally: China stock market has best day since 2008
Axios Visuals Something remarkable is underway in the world's second-largest economy: China's government has embarked on an all-out effort to reverse faltering economic growth and financial markets are cheering the move.
China stocks just saw their best day of trading since 2008 amid a stimulus rally
China's CSI 300 rallied 8.48%, closing at 4,017.85 for a nine-day winning streak, its best day since September 2008 and its highest point since August 2023.
China's stimulus isn't enough for its economic woes. But its stock rally could help.
Skeptics have been out in force since China rolled out aggressive stimulus measures last week to prop up its ailing economy and markets. It's just not enough to reverse the magnitude of China's problems — including an epic property crisis and high youth unemployment — they say.
3 cheap areas of the stock market to buy as the Fed unveils a 'rare double whammy' of stimulus, BofA says
Investors should add value and cyclical exposure as the Fed cuts rates amid accelerating profit growth, Bank of America said.
Xi Warns of Obstacles Ahead in First Speech After Stimulus Plans
President Xi Jinping urged caution in the face of what he said could be a rough patch ahead for China, in his first public ...
Painful policy choices loom after China's 'monumental' consumer stimulus plan
China's stimulus plans to fill consumer pockets to meet its 2024 growth target breaks away from a decades-old policy playbook ...
More China Stimulus And A Looming Port Strike
With the Chinese economy struggling, the People's Bank of China (PBOC) has unleashed a plethora of tools aimed at stimulating ...
China Home Sales Slump Intensified in September, Before Stimulus
China’s residential slump deepened in September before the government released a basket of measures to put a floor under the ...
China's massive stimulus misfire
Wall Street ate up China's newest plan to jump-start their economy. But Xi Jinping's ideas won't fix the country's biggest ...
Mint Primer | China’s stimulus: What it spells for India & the world
On 24 September, the Chinese Central Bank cut interest rates and infused $143 billion into the banking system by cutting the ...