(Bloomberg) — A rally in onshore Chinese stocks on their return from a week-long holiday cooled as traders questioned Beijing’s resolve to add more stimulus. Shares in Hong Kong tumbled. Most Read from Bloomberg The benchmark CSI 300 Index ended the morning session up 6.1% after surging almost 11% in the opening minutes. That was…
A look at the day ahead in European and global markets from Rae Wee Investors hoping for a roaring restart to China’s stock rally, after the mainland’s week-long holiday, were disappointed on Tuesday when Beijing policymakers offered only broad brush strokes about stimulus plans at a high-profile press conference. The National Development and Reform Commission…
China’s latest stock market rally has quickly turned retail investors’ mood across the country from extremely bearish to very bullish, as domestic social media fans a growing sentiment of FOMO – the fear of missing out – even though another round of volatility could be just down the road. That investor euphoria, aroused by the…