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Chinese stocks post best week since 2008
Luxury stocks have gotten a huge boost from China's stimulus this week
Shares of Hermes, Richemont, and LVMH soared this week on hopes China's new stimulus will lead to more spending.
China stimulus wasn’t enough to convince retail investors to buy Chinese stocks
This week, the Chinese government unveiled a slew of stimulus measures to boost its economy and get national GDP to an annual growth target of 5%.
Chinese stocks post best week since 2008 after stimulus blitz
Beijing’s pledge to support capital markets and economic growth targets also helps lift European stocks and metals prices
London stocks fall as China stimulus boost fades
UK shares slipped on Wednesday, retracing gains from the previous session, as investors questioned whether the optimism over extensive stimulus measures in China was overdone.
Casino Stocks Advance Further on Optimism About China's Stimulus Moves
Key Takeaways Shares of Wynn Resorts, Las Vegas Sands, and MGM Resorts International have been lifted by China's measures to boost its economy.The steps by Beijing are expected to boost business at their casinos in Macau.
European Stocks Surge to Record High Amid China's Stimulus Measures
Europe's STOXX 600 closed at a record high, driven by gains in sectors exposed to China after Beijing's announcement of stimulus measures. Luxury firms were among the biggest gainers. The ECB is anticipated to cut borrowing costs next month,
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.
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 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.
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,
1h
S&P 500 Gains and Losses Today: Casino Stocks Jump as China Stimulus Lifts Outlook
The S&P 500 ticked down 0.1% on Friday, Sept. 27, 2024, as investors digested the latest inflation data revealing consumer ...
1d
Hong Kong stocks lead global surge on reports of more China stimulus measures
Hong Kong’s equity market hit a one-year high and led a surge in global stocks as the China-stimulus-induced risk-asset rally ...
1h
China Rate Cuts Ignite Casino Stocks That Hold Macau Properties
U. S. casino/resort companies rallied greatly this week after China announced interest rate cuts and other measures designed ...
devdiscourse
1h
Global Markets Soar as US Inflation Eases & China's Stimulus Boosts Stocks
Treasury yields and the dollar dropped while the Dow closed at a record high on Friday after a subdued U.S. inflation report.
2d
S&P 500, Dow close at new highs as mining stocks rise on China stimulus boost
Wall Street's main indexes were set for a subdued open on Tuesday, as investors scoured for clues on what the Federal Reserve ...
9h
FTSE 100 LIVE: European markets 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 ...
1d
on MSN
Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka
"Obviously this is incredibly good for very undervalued Chinese equities, especially when the government is encouraging ...
14h
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 ...
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