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China stocks see best week since 2008
China Stocks Soar in Biggest Single-Week Jump Since 2008
On Friday, the CSI 300 index of big Chinese companies traded in Shanghai or Shenzhen rose 4.5 percent and was up 15.7 percent this week. The gain was the largest in a single week for the index since November 2008, when share prices were gyrating violently with the onset of the global financial crisis.
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 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.
21h
Should You Sell Nvidia; Buy China? That's What This Billionaire Investor Is Doing
Tepper's latest moves are an excellent example of that philosophy. In the second quarter, Appaloosa Management dumped shares ...
Opinion
2d
on MSN
Opinion
Why China stocks are now a buy for U.S. investors
Unusual action for the S&P 500, a hot bond market and interviews with acting HUD secretary and AT&T’s chief operating officer ...
2d
on MSN
Stocks bask in China stimulus glow, yen swings higher on Ishiba win
China's big stimulus steps helped nudge global stocks to all-time highs on Friday, while the yen firmed sharply against the ...
2d
BofA Strategist Hartnett Sees International Stocks Among Best China Plays
China’s sweeping stimulus measures could drive a broad rotation into stocks outside the US, as well as emerging markets and ...
2d
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 ...
Yahoo Finance
8h
Top 3 ASX Stocks Estimated To Be Undervalued In September 2024
Gains in the Materials sector have been driven by higher iron ore prices following
China
's latest stimulus announcement ...
3d
'Big Short' investor Michael Burry bet half of his portfolio on Chinese stocks. It's finally starting to pay off.
Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech giants as of June 30, ...
3d
Chinese Stocks Book $70 Billion US Rally As Beijing Brandishes ‘Big Guns’ Stimulus
The last week has been a “whole shift” from the Chinese government as it brings out the “big guns” policy-wise to support ...
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