[ad_1] In a strategic shift, brokerage firm CLSA has raised its exposure to India while trimming its investments in China, citing expectations of stronger future inflows into the Indian market and growing concerns over China’s economic outlook. “We reverse our tactical allocation in early October, returning to a benchmark on China and a 20% overweight […]
Chinese stocks see choppy trade as investors debate next move – CNBC TV18
[ad_1] Chinese stocks fluctuated in early trading Tuesday amid growing debate over how far the rally can go. The CSI 300 Index was down 0.3% as of 10:28 a.m. local time, after falling as much as 1.4% earlier. It rose 1.9% on Monday. A gauge of Chinese shares listed in Hong Kong slipped 0.5%. Volatility […]
Chinese stocks extend weekly decline before crucial briefing – CNBC TV18
[ad_1] Chinese stocks fell early on Friday as investors waited to see how much new stimulus the Ministry of Finance will announce at a policy briefing scheduled for tomorrow. The CSI 300 Index dropped as much as 1.6% after advancing on Thursday. The gauge has now declined about 2% this week. Hong Kong’s equity market […]
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 boom may turn to bust as in 2015, Nomura warns – CNBC TV18
[ad_1] Investors should brace for the biggest stock rally in China in 16 years to turn to bust, with the economy on a much weaker footing than before the pandemic, said Nomura Holdings Inc. In the most gloomy scenario, “a stock market mania would be followed by a crash, similar to what happened in 2015,” […]
China property shares soar after big cities ease homebuying – CNBC TV18
[ad_1] Chinese property shares rallied after three of the country’s largest cities eased rules for homebuyers, following through on the central government’s latest efforts to prop up the embattled real estate sector. A Bloomberg gauge of Chinese property stocks jumped as much as 14% on Monday morning after Shanghai, Shenzhen and Guangzhou relaxed homebuying curbs. […]
China stimulus package: Watch out for three important economic data tomorrow – CNBC TV18
[ad_1] Not the US Federal Reserve, but China may hold the cards to the next surprise for global markets. At this stage, even a modest growth target of 5% seems tough for the world’s second largest economy, triggering expectations of a stimulus from the Xi Jinping administration. Three data points tomorrow may act as a […]