China stocks set for best week since 2008
China Stocks Soar in Biggest Single-Week Jump Since 2008
The increases pulled the mainland Chinese CSI 300 index into positive territory for the year and have sent Hong Kong stocks rocketing 21 percent higher in 2024. Those are big turnarounds for markets that have been lagging those in other parts of Asia and the United States for well over a year.
China Stocks Survive: Best Week in 16 Years with Aggressive Stimulus
China's stock market experienced its best week in 16 years, spurred by an aggressive stimulus package ahead of the Golden Week holidays. The CSI300 and Shanghai Composite indexes surged, buoyed by measures to stabilize the housing market and promises of special sovereign bonds.
China Stocks Set for Best Week Since 2008; Japan Leadership Contest in Focus
SYDNEY (Reuters) - Chinese stocks are headed for the best week since 2008 as Beijing rolled out a huge stimulus package to revive the economy, lifting Asian shares to 2-1/2-year highs, while a sharp fall in oil prices bodes well for disinflation globally.
China stocks surge toward best week since 2008, yen skids on Japan leadership bets
By Stella Qiu SYDNEY (Reuters) -Chinese stocks raced toward their best week since 2008 and helped lift Asian shares to 2-1/2-year highs after Beijing rolled out a huge stimulus package to revive the economy,
China investors’ ‘FOMO’ sets up stocks for best week since 2008
The CSI 300 Index rose as much as 3.8% on Friday, making the week’s 15% gain so far the most since 2008. Meanwhile, a gauge of Chinese stocks in Hong Kong climbed 3.7%, notching up its longest winning streak since 2018. The ChiNext index, a tech-heavy gauge, rose a record 9.3%.
Hong Kong Stocks End More Than 3% Higher On China Stimulus
Hong Kong stocks soared more than three percent Friday, capping its best week since the global financial crisis, fuelled by a series of Chinese measures this week aimed at kickstarting the economy.
China, Hong Kong stocks score best week in years on stimulus euphoria
The CSI 300, which tracks Shanghai and Shenzhen stocks with major market capitalizations, posted a weekly gain of 15.7%, its best performance since 2008. Hong Kong's Hang Seng Index surged 13% this week, its best showing since 1998, according to earliest available data on information service Wind.
Investors likely to pivot to international stocks after China stimulus: BofA
More than $129 billion flowed into cash funds for the week that ended Sept. 25, Bank of America said in a new report. This marks the largest inflow in 18 months. Meanwhile, equities attracted $25.4 billion,
Chinese stocks on track for best week since 2008 after Beijing stimulus – business live
Chinese property stocks and metal prices also rally after stimulus measures aimed at faltering economy. Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
Chinese stocks on track for best week since 2008 after stimulus blitz
Chinese equities are on track for their best week since 2008 after Beijing launched an economic stimulus package including a $114bn war chest to boost the stock market. The CSI 300 index of Shanghai- and Shenzhen-listed companies is up almost 15 per cent for the week in its best performance since November 2008,
Chinese stocks soar, posting best weekly gains since 2008 amid stimulus optimism
Chinese stocks surged on Friday, on track to close their best week since the 2008 global financial crisis, driven by optimism over new government stimulus measures. The CSI 300 Index, a key benchmark for China’s largest companies,
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Global stocks mixed after China stimulus as Dow retreats from record
Stock markets diverged and oil prices fell on Wednesday as China's latest measure to bolster its economy, the world's ...