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.
Hong Kong Stocks Close 2.43% Higher On China Stimulus
Hong Kong stocks jumped more than two percent on Monday as investors cheered a string of measures out of China aimed at boosting growth in the world's number two economy.
Hong Kong, mainland China’s US$1.8 trillion stock boom sparks rush of millennial investors
A fear of missing out on the US$1.8 trillion stock rally in Hong Kong and mainland China has driven young investors to open accounts with online trading platforms, while others have been seen queuing up at local brokerages to get in on the action.
China, Hong Kong stocks extend rally on more stimulus cheer
China stocks surged again on Monday after posting their best weekly performance in nearly 16 years last week as Beijing rolled out further stimulus measures to arrest a slowdown in the broad economy.
Even Xi Jinping admits China has a painful road ahead despite his new stimulus
"We must ready ourselves for danger, and prepare for rainy days," Xi said as he spoke of China's condition for the first time ...
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 ...
Will China’s Surprise Stimulus Work?
Getting out of the deflationary hole China dug itself is vital, and in the short run all stimulus will help. But for the long ...
China ETFs cheer Beijing's stimulus move
China stocks posted their best day since September 2008 as investors raced to take advantage of a massive stimulus push aimed ...
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.
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'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 ...
Asia's factory activity hit by global uncertainty, focus on China stimulus
Asia's factory activity weakened in September as soft Chinese demand and global economic uncertainty pointed to a challenging ...