) are under pressure as investors show some concerns over China's stimulus measures. While the People's Bank of China has recently announced various stimulus initiatives, the country's economic planning agency announced that it is projecting spending of about $28 billion next year.As investors show some concerns over China's stimulus, Alibaba, jd.
But they were buying because they just said everything is so beat up already that it was a value play, right?Well, I mean the the action in the Chinese markets has been bonkers because again, things were closed because the Golden Week holiday you could trade in Hong Kong but not on shore in China.After this briefing, the Hang Seng had the Hang Seng having its worst day since 2008.
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