News Formal

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

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The large e-commerce companies have become sensitive to macroeconomic developments in recent weeks, given their reliance on the health of the consumer.

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.”

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: nbcchicago - 🏆 545. / 51 Прочитайте больше »

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...
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »