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China stocks just saw their best day of trading 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 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.
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 stimulus isn't enough for its economic woes. But its stock rally could help.
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 factory surveys show economy weakening
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 emergency stimulus blitz to revive an economy facing challenges across the board.
China factory surveys show economy weakening, as Beijing steps up support
Surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus
China's factory, service sectors skid, emboldening stimulus calls
China's factory activity shrank for a fifth straight month and the services sector slowed sharply in September, suggesting Beijing will need even more stimulus to hit its 2024 growth target with only three months left in the year.
5h
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 ...
WFXG
31m
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 ...
8h
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 ...
12h
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 ...
2d
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
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 ...
Business Times
1h
Singapore stocks rise in the wake of China stimulus measures; STI up 0.4%
SINGAPORE equities kicked off the week in the black on Monday (Sep 30), a week after China announced a stimulus package. Read ...
9h
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 ...
Daily Journal
10h
Hong Kong, Shanghai soar on China stimulus, strong yen batters Tokyo
Shares in Hong Kong and mainland
China
rocketed Monday, extending last week's surge after Chinese authorities unveiled a ...
4h
on MSN
Communist China is celebrating its 75th birthday. But not everyone is in the party spirit
For much of the past year since China reopened to the world following the Covid-19 pandemic, a pall has hung over large ...
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