China stocks back on the menu as Xi Jinping signals major stimulus in Politburo meeting

China stocks back on the menu as Xi Jinping signals major stimulus in Politburo meeting

China’s signal of a pivot to all-out stimulus policies has injected a dose of optimism into the nation’s US$10 trillion stock market, where a rebound had showed signs of stalling. The strong policy messaging rippled through Chinese assets across the board, with both stocks and bonds rallying while the yuan strengthened, tentatively halting its depreciation…

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