The Nasdaq Golden Dragon China Index gained 6% Wednesday, putting the benchmark on pace for a 37% surge this month that has added about $177 billion in market value. Bilibili Inc., JD.com Inc. and Pinduoduo Inc. were among the biggest gainers in November, advancing at least 45% each.
November’s rally is a dramatic turnaround from October’s 25% plunge when fresh lockdowns started being implemented in China and the Communist Party Congress dashed hopes for more market-friendly policies. Strong quarterly earnings results from some of the nation’s biggest tech companies, the loosening of some of Beijing’s strict virus approach and a rescue package for the property sector has driven a reversal of bearish bets and lured investors back to the market after the selloff last month.
While the timeline of reopening remains highly uncertain, authorities have been taking incremental but clear steps toward winding down Covid restrictions. On Tuesday, markets rallied as the top health body said it will bolster vaccinations among senior citizens, while warning against any excessive control measures.
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Business Maverick: China Stocks Surge in US as Vaccine Drive Fuels Reopen BetsChinese stocks listed in the US extended gains on Tuesday, as officials vowed to speed up Covid shots for the elderly and to avoid excessive restrictions, fueling a new round of bets that Beijing is bending to pressure for an economic reopening.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Stocks seesaw in Asia amid focus on China, Fed: markets wrapVolatile trading pushed stocks between losses and gains in Asia as investors weighed Covid developments in China and awaited a speech from Federal Reserve chair Jerome Powell later on Wednesday.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: China economic activity falls as Covid cases surge to recordChina’s economic activity contracted further in November amid a record Covid outbreak, with growth likely to remain weak and the central bank expected to add more stimulus to bolster the recovery.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Renault, Nissan are said to aim for alliance event in LondonRenault SA and its Japanese partner Nissan Motor aim to announce a deal to reshape their two-decades-old alliance as soon as 7 December in London, according to people familiar with the situation.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Ghana credit rating cut by Moody’s on debt-restructuring planThe country was downgraded deeper into junk territory by Moody’s Investors Service on the likelihood that private creditors will incur steep losses during the government’s planned debt restructuring.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »
Business Maverick: Italy Prepares 50% Windfall Tax on Energy Firms’ Excess GainsItaly plans to apply a 50% one-off windfall tax on the extra revenue made by energy companies, according to the text of the proposed budget law obtained by Bloomberg. One fokken ANC gaan jou eerder verder in jou moer belas. Fokken klomp etters, ek moet eerder my mond toe hou. Netnou weer in Twitter jail.
ソース: dailymaverick - 🏆 3. / 84 続きを読む »