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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 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 benchmark stock index posts biggest daily gain since 2008
China's stock markets have been on a tear since Beijing rolled out a flurry of stimulus measures last week and over the weekend to jolt the beaten-down market and revive a slowing economy.
5h
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 ...
12h
on MSN
Communist China is celebrating its 75th birthday and its stock market is soaring. 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 ...
12h
China’s stock market revival crucial for economic recovery, says China Securities Journal
China's focus on rejuvenating its stock market is seen as a critical move to break the cycle of declining investments and ...
7h
Stock Market Today: Dow futures dip as investors await key economic data
Emerging markets have had a good run — the iShares MSCI Emerging Markets ETF is up 7.5% this month — with sentiment given a ...
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 ...
20h
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 ...
3d
China Market Update: CPC Follows Up Monetary Stimulus With Fiscal Measures
Asian equities were higher as Hong Kong and Mainland China ripped higher on very high volumes with Hong Kong at 290% of the 1 ...
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 ...
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