Stocks Slip as China Buoyed by Stimulus Rally
The People's Bank of China followed its announcement of wide-ranging policy easing on Tuesday with a cut to medium-term lending rates to banks on Wednesday. Beijing's broad-based stimulus - the biggest since the pandemic - also includes steps to boost China's stock market and support for the ailing property sector.
The S&P 500 ticked down 0.1% on Friday, Sept. 27, 2024, as investors digested the latest inflation data revealing consumer ...
Hong Kong’s equity market hit a one-year high and led a surge in global stocks as the China-stimulus-induced risk-asset rally ...
EUROPEAN equities hit a record high on Friday (Sep 27), boosted by China’s slew of stimulus measures and growing conviction ... referring to buying cyclical stocks and stocks exposed to the ...
UK stocks rose on Thursday, boosted by mining stocks after China's latest pledge for more policy measures fuelled optimism ...
The FTSE 100 (^FTSE) and European stocks were up on Friday as Chinese stocks enjoyed their best week since 2008 following a ...
"Obviously this is incredibly good for very undervalued Chinese equities, especially when the government is encouraging ...
Chinese stocks are headed for the best week since 2008 as Beijing rolled out a huge stimulus package to revive the economy, ...
Chinese tech stocks including majors like Alibaba and Tencent rallied this week, pushing them to highs not seen in more than ...
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