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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.
These 4 Stocks (and 1 ETF) Make Big Gains On China Stimulus Package
The interest rate cuts and further economic stimulus announced last week by Chinese authorities continue to boost the stocks representing interests in that nation.
China Stocks Surge in Biggest Single-Day Rally Since 2008 on Stimulus Cheer
SHANGHAI/SINGAPORE (Reuters) -Chinese stocks swept to their biggest single-day gains in 16 years on Monday, with domestic A-shares registering their highest ever turnover, as investors scrambled to join a searing rally sparked by Beijing's latest raft of stimulus measures.
Stocks rise in China on property stimulus
Beijing's economic stimulus measures extended China's market rally into a second week, while Japan's choice of former Defense Minister Shigeru Ishiba as the country's next prime minister knocked down shares in Tokyo.
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.
14m
on MSN
Claim of $185,000 stimulus for homeowners is nonsense | Fact check
Biden has not signed any stimulus plan that would send homeowners $50,000 or $185,000. There is no evidence such a program ...
12h
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 ...
19h
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 ...
12h
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 ...
8h
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 ...
1d
on MSN
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 ...
15h
Chinese Stocks Notch Best Day Since 2008 After China Adds to Stimulus Blitz
China said Sunday that it would allow home owners to refinance mortgages, the latest in a torrent of policy moves aimed at ...
2h
PDD Holdings: Riding The China Stimulus Bazooka (Rating Downgrade)
I cautiously reduced exposure to PDD Holdings amidst uncertainty over recent earnings call and long term profitability ...
2d
China's massive stimulus is missing a key ingredient: a way to revive the nation's consumers
China announced a major stimulus package on Tuesday, but offered no fiscal support. It's necessary to fix the nation's ...
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