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China stock market has best day since 2008
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's bond market seems skeptical that recent stimulus will be enough
Yields on Chinese government debt are hovering near multi-decade lows as investors remain unconvinced by stimulus efforts.
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 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, September and Factory Activity
China’s Weak Factory Activity Shows Urgency of New Stimulus Push
China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an emergency stimulus blitz to revive an economy facing challenges across the board.
China's September factory activity cools notably, Caixin PMI shows
China's manufacturing activity shrank sharply in September as new orders at home and abroad cooled, pulling down factory owners' confidence to near record lows, a private-sector survey showed on Monday.
China's factory activity contracts less than expected in September — but shrinks for a fifth straight month
The official manufacturing purchasing managers' index came in at 49.8, slightly beating the 49.5 expected among economists polled by Reuters.
3m
on MSN
China unveiled a massive stimulus for its economy, but failed to address this crucial part
China has announced a range of new policies aimed at revitalizing its economy, yet analysts warn these measures do not ...
7h
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 ...
14h
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 ...
4h
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 ...
11h
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 ...
22h
Morning Bid: China Stimulus, Japan Politics Dominate Q3 End
Figures on Friday showed that industrial profits slumped 17.8% in August, the biggest decline this year. Citi's Chinese ...
18h
China’s Sovereign Bonds Decline as Stimulus Fuels Stock Bets
China’s 10-year sovereign bonds fell, extending their biggest weekly drop in a decade, as investors pivoted toward risk ...
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 ...
12h
Hong Kong, Shanghai soar on China stimulus as strong yen hits Tokyo
Shares in Hong Kong and mainland China rocketed Monday, extending last week's surge after Chinese authorities unveiled a raft ...
30m
Kering: What Should Investors Do In Light Of The China-Driven Surge?
China stimulus but remain 34% down year-to-date. Learn more about PPRUF stock and why I’ve downgraded it to Sell.
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