Chinese Market Optimism Fizzles After Disappointing Stimulus Package

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 86%

Business & Finance ข่าว

Stimulus Package,Chinese Economy,Stock Market Drop

Initial optimism surrounding a potential Chinese stimulus package faded quickly after Beijing's announcement fell short of expectations. Investors reacted negatively, sending key indexes plummeting as concerns about the country's economic recovery persist.

BEIJING — A wave of optimism swept Chinese markets recently when Beijing announced a stimulus package many hoped would pave the way for a wave of investment to help fuel a recovery for the world’s second-largest economy. Traders rushed to buy Chinese stocks, sending the top Shanghai and Hong Kong indexes soaring.

Its broader financial lethargy and this week’s market turmoil will hardly be welcomed by Beijing. But what do this week’s events mean for ordinary Chinese citizens? For Fu, a 24-year-old graduate student in Beijing, this month’s paroxysms don’t change much on the ground. “Chinese people’s money isn’t really in the stock market. They tend to prefer saving,” said Beijing-based Fu, who declined to give his first name out of fear of repercussions for criticizing government policy.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 10. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Chinese Stock Market: A 'Bear Market Rally' Could Be on the HorizonStocks Analysis by Charles-Henry Monchau covering: Nasdaq 100, Gold Spot US Dollar, S&P 500, US Small Cap 2000. Read Charles-Henry Monchau's latest article on Investing.com
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »

Coinbase Unveils New Crypto Listings as Optimism Spikes on MarketThis development comes at time when market sentiment is notably positive
แหล่ง: Utoday_en - 🏆 295. / 63 อ่านเพิ่มเติม »

Forex Today: Market optimism prevails in the lead-up to US PCE inflationHere is what you need to know on Friday, September 27: Risk-on sentiment seen in global markets on Thursday extends into Friday, as a raft of Chinese stimulus measures continue to lift investors’ confidence.
แหล่ง: FXStreetNews - 🏆 14. / 72 อ่านเพิ่มเติม »

Chinese market volatility and US CPI to dominate FXChinese equities are seeing high volatility, as markets swing between anticipation and disappointment over China’s fiscal support, DBS’s FX analyst Philip Wee notes.
แหล่ง: FXStreetNews - 🏆 14. / 72 อ่านเพิ่มเติม »

Alibaba: Massive Rally Stalls as Chinese Market Wavers - Time to Take Profits?Stocks Analysis by Investing.com (Alessandro Bergonzi) covering: Alibaba Group Holdings Ltd ADR. Read Investing.com (Alessandro Bergonzi)'s latest article on Investing.com
แหล่ง: Investingcom - 🏆 450. / 53 อ่านเพิ่มเติม »