Shares of Hermes, Richemont, and LVMH soared this week on hopes China's new stimulus will lead to more spending.

This week showed he’s not willing to tolerate any more pain.The People’s Bank of China led the charge to revive sentiment on Tuesday in a rare televised press briefing beamed live around the world, opening its war chest to stock markets and making money cheaper to borrow.

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.