Chinese stocks see best week in 16 years on stimulus package
STORY: Chinese stocks just posted their best week in 16 years. The blue chip CSI300 index saw a rise of over 4%, for a weekly gain of close to 16% And it was a similar story in Hong Kong, where the benchmark Hang Seng index jumped over 12% on the week.
David Tepper is buying ‘everything’ in China
Chinese tech stocks including majors like Alibaba and Tencent rallied this week, pushing them to highs not seen in more than ...
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...
China gave its economy a shot in the arm with an extraordinary flurry of stimulus measures this week. The moves range from ...
Chinese stocks are on a tear, and prominent figures including billionaire investor David Tepper and Goldman Sachs’ Scott ...
China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments ...
China on Friday opened up over a hundred billion dollars in cash for its ailing economy, capping a week in which its ...
It's been a busy week for Chinese officials. The government plans to issue special sovereign bonds worth about 2 trillion ...
The stimulus blitz announced on Tuesday is sparking market speculation that Beijing is panicking over the state of its ...
Australian Treasurer Jim Chalmers on Friday welcomed Beijing's new stimulus efforts aimed at boosting its flagging economy, noting growth in China had a knock-on effect in his country.
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