2 of our China-related stocks are on the move after the Chinese government pledges more stimulus

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. The overall U.S. stock market was getting support on multiple fronts Thursday, including upbeat economic data signaling that last week's aggressive Fed interest rate cut was not due to concerns about slowing growth.

Shares of GE Healthcare dropped roughly 1.5% after UBS downgraded the Club name to sell from neutral and cut its price target to $74 a share from $84. The analysts argued the market is not pricing in risk of the company losing share in China from domestic players. That reasoning is suspect considering GE Healthcare's long history in China. The stock has made a great comeback lately.

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