China’s stock markets slumped after a 10-day rally that was driven by Beijing’s stimulus announcement in September. Investors were disappointed when a hyped-up Chinese government press briefing failed to deliver more stimulus. Retail investors dominate China’s markets, influencing sentiment and market movements. Thanks for signing up! Access your favorite topics in a personalized feed while…
China’s stock markets surged post-National Day break, driven by pent-up investor demand. Beijing’s aggressive stimulus measures have bolstered market sentiment, despite economic challenges. Investors are assessing further economic stimulus measures from Beijing. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign…
HONG KONG — Dannie Li, a 30-year-old with 140,000 yuan ($19,840) in China stock funds, could not wait for the mainland markets to reopen Tuesday after a seven-day National Day break. Shares were on a government-stimulus-fueled tear before the holidays, and Li had seen enough. “Once I get all my investment capital back, I will…
US stocks are clicking on all cylinders, which led Goldman Sachs to lift its S&P 500 target again. The top investment bank now expects the index to reach the 6,000 mark by year end. Here are 25 companies set for outstanding earnings growth in 2025. Thanks for signing up! Access your favorite topics in a…
Goldman Sachs estimates China-focused hedge funds had best weekly performance on record By Summer Zhen HONG KONG, – Some China-focused hedge funds are reporting explosive returns in September, thanks to a sharp rebound in Chinese stocks driven by Beijing’s aggressive stimulus package. The surge in stocks, which fuelled a 25% record jump over five days…
Open this photo in gallery: Traders work on the floor at the New York Stock Exchange in New York on Sept. 4.Brendan McDermid/Reuters Is your portfolio looking great these days? So it should. Wall Street has just enjoyed its best nine-month performance to start a year since 1997. It’s an achievement that is both exhilarating…
Indexes rallied Thursday on positive jobs data and promises of further economic stimulus in China. Jobless claims fell 4,000 to a four-month low of 218,000, beating estimates of a mild increase. Traders will be closely watching personal consumption expenditure data out Friday. Thanks for signing up! Access your favorite topics in a personalized feed while…
China is continuing to erode the United States’s military superiority in Asia, but Beijing’s overall power in the region has plateaued, new analysis finds. The latest version of the Lowy Institute’s Asia Power Index, which measures the relative strength of 27 states and territories, has found that the US remains the most powerful country in…