Market Views: Will China equities get a real boost from supercharged stimulus?
China's top leadership has, for the first time, stated the urgency to stabilise the struggling property sector, announcing a slew of monetary and fiscal measures to stimulate the economy. Long-term investors are weighing the implications.
.jpg&c=1&h=677&q=100&v=20244431&w=1204)
Investors in China haven't seen their stock holdings post consecutive gains in a while, until this week.
Since Sept 24, Chinese equities have posted their best weekly rally in both onshore A-share and offshore H-share markets in almost a decade, driven by the central government's largest stimulus package announced since the pandemic.
The CSI 300 jumped by 10.7% this week, while the offshore Hang Seng Index has rallied 9.1% to a 14-month high, with the daily trading volume exceed…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.