Alibaba, JD.com Stocks Surge. Why China’s Property Stimulus Is Boosting Tech Giants.

China’s property stocks may have led the way Monday after a flurry of good news for the sector, but there were also sizable gains for the country’s biggest internet companies.

With the U.S. market closed Monday for Labor Day, the companies’ American depositary receipts may well catch up with gains of their own in Tuesday’s trading. But those measures led to a broad-based rally in Chinese stocks, including its tech giants. It also added to the feeling that Beijing may keep the stimulus measures coming. Goldman Sachs analyst Hui Shan said she expects measures to continue “until policymakers are satisfied with the result.”

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Hong Kong property stocks surge as China takes action to revive property sectorStocks were also helped by Country Garden Holdings reportedly winning approval to extend repayment on an onshore private bond to 2026.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »

Japanese stocks climb for sixth day as Hong Kong stocks gainStocks in the Asia-Pacific region mostly grew Monday, Sept. 4, Japanese shares climbing for the sixth day. The Hang Seng Index of Hong Kong companies added...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »