China's recent stimulus has led to a remarkable rally in stocks, with the CSI 300 index experiencing its largest weekly gain since November 2008, up 14.9% this week.
This surge marks a significant turnaround for Chinese markets, pulling the CSI 300 into positive territory for the year, a contrast to the previous year’s underperformance.
The sharp gain of 21% in Hong Kong stocks this year demonstrates a renewed vigor in markets previously plagued by weak retail sales and economic concerns.
The government's efforts to stimulate the economy aim to rebuild consumer and homebuyer confidence amidst falling prices and a struggling housing sector.
Collection
[
|
...
]