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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.
Stock market today: Indexes rally on China stimulus, promising labor-market data
Indexes rallied Thursday amid a surprise fall in jobless claims and promises from China to further invigorate the country's sluggish economy.
Xi’s Big Stimulus Week Aims to Draw a Line Under China Slowdown
For months, President Xi Jinping appeared unfazed by slowing growth as stocks sank, prices fell and discontent grew around China. This week showed he’s not willing to tolerate any more pain.
China, industrial profits
China's industrial profits suffer biggest slump this year, adds to economic woes
China's industrial profits swung back to a sharp contraction in August for their biggest decline this year, official data showed on Friday, adding to a recent spate of bleak business readings that point to mounting pressure on the economy.
China Industrial Profits Fall at Fastest Pace in 15 Months
Profits at China’s industrial firms fell at the sharpest pace since April last year, dragged down by weaker manufacturing as part of an economic slowdown that’s now prompting extraordinary stimulus efforts.
China’s Industrial Profits Fell in August
China’s industrial profits swung to a decline in August, yet another sign of a broad-based economic slowdown that has already prompted leaders to introduce strong stimulus measures.
3h
China’s Stimulus Blitz: What We Know So Far and What to Expect
China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures this week. The moves range from ...
Business Times
16m
LVMH chief Arnault wins big on China stimulus with US$17 billion wealth surge
BERNARD Arnault entered Thursday (Sep 26) having lost more wealth this year than any other billionaire, with his luxury-goods ...
2h
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 ...
2h
US rate cut, China stimulus spark hope for more Asia private equity deals
U.S. interest rate cuts and China's economic stimulus package for markets will be conducive to private equity deals in Asia, ...
3h
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, ...
21h
China's surprise stimulus could be a red flag, so investors should approach the nation's long-awaited rally with caution
Chinese stocks have caught fire after a new round of stimulus, but some say the rally may be short-lived. Here's how to ...
19h
China stimulus, mighty gold puts silver on a streak, but not without risk
Silver prices have bubbled up to their highest in over a decade on the back of bullion's stellar bull run and China's ...
5h
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 ...
1d
on MSN
China’s Bold Stimulus Measures Won’t Save Its Flagging Economy
It is the first time I’ve ever seen the Chinese central bank directly use its own money to support the stock and real estate ...
4h
on MSN
China launches late stimulus push to meet 2024 growth target
China's central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a ...
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