Summary of China's stimulus rally has already sent stocks up 25%. And there could be more to come
Summary of China's stimulus rally has already sent stocks up 25%. And there could be more to come
The source article:
China's CSI 300 blue-chip index had a remarkable rally over 25%, sparking concerns about how long it will last. Analysts predict that the Chinese equities rally could continue through the end of the year due to Beijing's stimulus measures. Yet, the rally faces potential risks, such as disappointment in the stimulus impact or external events like strong U.S. job numbers. Investors are closely monitoring the effectiveness of further stimulus measures in China to assess the sustainability of the market gains.
The source article:
quoting nevent1q…08fyChina's stimulus rally has already sent stocks up 25%. And there could be more to come
Mainland markets is closed for a week-long holiday commemorating the 75th anniversary of the People's Republic of China. Trading is set to resume on Oct. 8.
https://www.cnbc.com/2024/10/04/chinas-stimulus-rally-has-already-sent-stocks-up-25percent-and-there-could-be-more-to-come.html
China's CSI 300 blue-chip index had a remarkable rally over 25%, sparking concerns about how long it will last. Analysts predict that the Chinese equities rally could continue through the end of the year due to Beijing's stimulus measures. Yet, the rally faces potential risks, such as disappointment in the stimulus impact or external events like strong U.S. job numbers. Investors are closely monitoring the effectiveness of further stimulus measures in China to assess the sustainability of the market gains.