[ad_1] Chinese shares jumped Tuesday after the country’s top leaders made their strongest pledge in years to revive economic growth. Company Value Change %Change The benchmark CSI 300 Index rose as much as 3.3% in early trade, while a gauge of Hong Kong-listed Chinese firms also extended gains following a 3.1% increase in the previous […]
Chinese stocks fluctuate as traders assess fiscal support – CNBC TV18
[ad_1] Chinese stocks fluctuated in early trading on Monday as investors assessed the potential impact of the support measures announced by the finance ministry over the weekend. The CSI 300 Index swung between a gain of 1.7% and a loss of 0.4%. It capped its worst week since late July on Friday. A Bloomberg Intelligence […]
Wall Street veteran says China stocks set to surge another 50% – CNBC TV18
[ad_1] The way Jeff deGraaf sees it, hedge funds that sold a record amount of Chinese shares earlier this week toward the end of the CSI 300’s 10-day, 35% surge are in for a world of regret. In fact, says the co-founder and chief executive officer of Renaissance Macro Research, rarely in his more than […]
Chinese stocks slump amid stimulus skepticism, weak holiday data – CNBC TV18
[ad_1] Chinese stocks listed onshore slumped at the open amid skepticism about Beijing’s stimulus plans and signs of weakness in holiday-spending data. The benchmark CSI 300 Index dropped as much as 5.1% in early trading, set for its first loss in 11 days. A gauge of Chinese companies listed in the US had slid 6.9% […]
Chinese stocks surge on return from holidays as euphoria extends – CNBC TV18
[ad_1] Chinese stocks listed in the mainland jumped as trading resumed following a week-long holiday, with encouraging home sales and consumption data giving fresh impetus to a rally sparked by Beijing’s stimulus blitz. The benchmark CSI 300 Index climbed almost 11% in early trading. The measure had gained for nine straight sessions through Sept. 30 […]
China’s stock market boom may turn to bust as in 2015, says Nomura – CNBC TV18
[ad_1] Investors should prepare for the largest stock rally in China in 16 years to potentially reverse, as the country’s economy is significantly weaker than it was before the pandemic, according to a note by Nomura Holdings economists, led by Ting Lu. In the worst-case scenario, Nomura warns of a stock market bubble followed by […]
Invesco China CIO who called rally is worried about valuations – CNBC TV18
[ad_1] Invesco Ltd.’s chief investment officer for Hong Kong and China, Raymond Ma, who predicted double-digit returns in Chinese equities this year, said there are signs the surge has gone too far for some stocks. Ma, who manages the $492 million Invesco Greater China Equity Fund, said investors should be wary of stocks that have […]
Yen rises, treasuries gain as Fed easing nears – CNBC TV18
[ad_1] Stocks fluctuated in the region, with the yen’s rise to around 141 per dollar pressuring those in Japan, an export-oriented economy. Benchmarks rose in Australia, South Korea, Hong Kong and China, following a fourth day of gains on Wall Street. [ad_2] Source link
Tech lifts Asian equities, Yen falls after rally – CNBC TV18
[ad_1] Stocks in Asia rose Thursday as a tech-fueled rally on Wall Street spread across the region, supported by expected Federal Reserve rate cuts next week. Equities in Japan and South Korea advanced, with the Topix up the most in almost a month. A region-wide gauge of tech stocks rose more than 1%. The gain […]
Asian stocks echo US gains as traders await US CPI – CNBC TV18
[ad_1] Asian stocks echoed a rebound on Wall Street as traders awaited US inflation data due this week for clues on the size of the Federal Reserve’s coming interest-rate cut. Shares in Tokyo and Sydney registered modest gains following a positive session in US equities that was fueled by renewed dip-buying. Stocks in Seoul were […]