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 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%.
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 14.
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,
David Tepper is uber bullish on China
Alibaba, Tencent rally as Beijing stimulus plans push China's tech stocks to 13-month high
Chinese tech stocks including majors like Alibaba and Tencent rallied this week, pushing them to highs not seen in more than ...
European Stocks Test New Highs as China, US Fuel Global Rally
European equities tested new record high levels on Friday as China’s latest stimulus measures and upbeat data from the US ...
U.S. Stocks Seen Lower Ahead of U.S. Inflation Data as China Remains in Focus
U.S. stock futures were pointing to slight losses early on Friday. American equity markets looked set to take a breather ahead of the release of the Federal Reserve’s preferred inflation gauge, ...
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Asian shares advance as China ups its stimulus and Japan's Ishiba is chosen to head its ruling party
Stocks in Asia are mostly higher, fueled by China’s moves to rev up its economy. Tokyo's Nikkei 225 index gained more than 2% ...
FTSE 100 LIVE: European stocks rise as China stocks post best week since 2008
The FTSE 100 (^FTSE) and European stocks were up on Friday as Chinese stocks enjoyed their best week since 2008 following a ...
'Big Short' investor Michael Burry bet half of his portfolio on Chinese stocks. It's finally starting to pay off.
Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech giants as of June 30, ...