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China stock market has best day since 2008
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.
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 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 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.
Chinese Stocks Enter Bull Market After Biggest Surge Since 2008
Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back to one of the most beaten-down markets worldwide.
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 Stock Market Frenzy: A historic surge driven by policymaking - Chinese stocks soar most since 2008
The rally comes after three years of sluggish market performance, a stark contrast to China's booming economy of decades past.
Xi, China
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 since the stimulus.
Xi’s Stimulus Blitz Adds $130 Billion to Coffers of China’s Rich
China’s largest stimulus package in years has helped the country’s richest get a whole lot richer. The collective fortunes of the 54 Chinese people on the Bloomberg Billionaires Index jumped about 19% in the week ended Sept.
'No challenges can stop China's progress,' Xi Jinping says in 75th anniversary speech
The Chinese leader also reiterated Beijing’s aims for reunification with the self-governing island of Taiwan as he marked the 75th anniversary of the People’s Republic of China.
7h
Buy US-listed casino and copper stocks to capitalize on China stimulus, research firm says
Gaming and copper equities have outperformed since China's stimulus blitz, and are likely the safest bet going forward, ...
Crude Oil Prices
38m
How Will China’s New Economic Stimulus Measures Affect Oil Prices?
Despite stimulus efforts, China's shift towards less energy-intensive sectors and a preference for lower oil prices limit any ...
13h
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 ...
3d
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 ...
1d
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 ...
19h
Asia's Factory Activity Hit by Global Uncertainty, Focus on China Stimulus
The International Monetary Fund (IMF) anticipates a soft landing for Asia's economies as moderating inflation creates room ...
1d
China’s Weak Factory Activity Shows Urgency of Stimulus Push
China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an ...
16h
PDD Holdings: China Stimulus Adds Rocket Fuel, Reiterate Buy
PDD Holdings experienced a sharp decline after mixed Q2 results but is poised for recovery. Learn why PDD stock is a Buy.
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