China Stock Rally Fizzles as Stimulus Optimism Fades
"The strong showing today is not a big surprise as the Chinese bourses are probably playing catch-up after both the Hang Seng Tech Index in Hong Kong and the Golden Dragon Index in the U.S. surged by over 10% in the first week of October when Chinese markets were closed for the Golden Week holidays.
Chinese stocks began Tuesday’s session with a bang — an onshore benchmark surged 11% as soon as trading resumed after a ...
Despite the stimulus, deep structural issues persist in China’s economy, Roach warned. Once a long-time optimist about China, ...
The government has fired up investors by encouraging banks to lend more to buyers of stocks and real estate, but officials ...
China’s economic recovery is helping emerging markets and could fuel sentiment, according to GlobalData TS Lombard. In a note ...
China said it’s confident in reaching its economic targets this year and promised further support for growth, although it ...
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