Asian stocks surge on China reopening rumors, stimulus measures By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

⚠️BREAKING: *ASIAN STOCKS SURGE ON CHINA REOPENING RUMORS, STIMULUS MEASURES 🇨🇳 🇭🇰 🇯🇵 🇰🇷

New social media rumors suggested that Beijing was considering acquiescing to recent civilian protests and scaling back its strict zero-COVID policy. The policy was the subject of countrywide protests over the weekend, amid growing public ire towards COVID-linked restrictions.

The rumors suggested that Beijing will announce an end to the zero-COVID policy by focusing on the low fatality rate of recent outbreaks. But China is still grappling with record-high daily increases in infections, which saw the reintroduction of curbs over the past two months.to provide more guidance on the country's anti-COVID policies., after the government lifted a ban on equity financing in the sector. The move opens up a new line of funding for the beleaguered sector, which also counts for around a fourth of the Chinese economy.

Optimism over the real estate move and the prospect of a Chinese reopening helped markets look past concerns over anti-government protests in the country. But the protests also appeared to have simmered down after an escalation over the weekend.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It's a backtest. $HSI 🇨🇳🇭🇰

Fake

Buy the rumor...🚀

Just killed my puts.

Thaanks a millon

え?日本は下がってたよ?😅

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines