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China stocks see best week since 2008 on stimulus impact
China stocks see best week since 2008 on stimulus impact as most Asia markets rise
Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank.
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.
7h
on MSN
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...
9h
Alibaba, JD and Meituan Surge After China Stimulus Announcement
Alibaba Group Holding Ltd., JD.com Inc. and Meituan enjoyed their best trading days in years after the Chinese government ...
6h
on MSN
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 ...
1h
on MSN
LVMH’s Bernard Arnault sees net worth soar $17B in one day following China’s stimulus announcement
Bernard Arnault’s net worth surged by $17 billion after China announced new stimulus measures. Luxury stocks, including LVMH, ...
7h
on MSN
Asian shares advance as China ups its stimulus and Japan's Ishiba is chosen to head its ruling party
Stocks in Asia advanced Friday, fueled by China’s moves to rev up its economy. Tokyo’s Nikkei 225 index gained more than 2.3% ...
1d
EUROPE China gives markets another reason to cheer
While the latest moves point to a sense of urgency among the authorities as Beijing's 5% economic growth target for the year ...
6h
on MSN
European markets open higher as French inflation eases
European markets opened higher on Friday as investors weighed the outlook for the economy and looked to fresh data.
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