China stock rally fizzles as stimulus news disappoints
A stock market rally in China has fizzled out as a highly-anticipated announcement on plans to boost the country's ailing economy disappointed investors. Shares had jumped by over 10% as trading restarted after the Golden Week holiday but fell back after a news conference by the country's economic planners.
Investors had hoped China's state economic planning body, would roll out more detailed stimulus measures on Tuesday.
While the Chinese government has recently enacted stimulus measures to revitalize its flagging economy, many investors and ...
3hon MSN
The S&P 500 was 0.1% higher in morning trading and drifting close to its all-time high set last week. The Dow Jones ...
China's Twitter equivalent, Weibo, was abuzz with discussions about the stock market rally a day before they reopen.
Tech megacaps, led by Nvidia ( NVDA ), pushed markets higher to recoup some of the previous session's losses, with the Nasdaq ...
The government has fired up investors by encouraging banks to lend more to buyers of stocks and real estate, but officials ...
China's investors are less optimistic than market watchers from elsewhere, who say they see Beijing's commitment to ...
15h
Share Market Today: Foreign institutional investors (FIIs) continued their selling trend, net selling shares worth Rs ...
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