-- Chinese stocks rallied, with the onshore benchmark gauge capping its best day in nearly six months, as anticipation grew for Beijing to bolster its struggling economy.Tech Stocks Hit as Microsoft Down 6% in Late Hours: Markets Wrap
Moreover, signs indicate that China’s so-called national team is again supporting the equity market. Contracts typically bought by state-related fund managers rose by 2% in some cases, an unusual move during the morning session, likely prompted by investors’ initial disappointment with the Politburo meeting reports, market participants said.
Global Pharmaceutical Contract Manufacturing Business Research Report 2024: Market to Reach $159.8 Billion by 2030 - Exploring & Exploiting New Technologies for Rich Dividends
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:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Small-cap stocks benefiting from Fed rate-cut bets: strategistU.S. stocks with small market capitalizations have been driven higher this month thanks to optimism that the U.S. Federal Reserve is nearing an interest rate cut, according to one strategist.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Five small-cap stocks ready to outperformWe are looking for U.S. small-caps with a proven track record set to outperform
Source: globeandmail - 🏆 5. / 92 Read more »
Chinese Stocks Decline as Third Plenum Falls Short on Catalysts(Bloomberg) -- Chinese stocks fell as the readout from a key conclave of Communist Party officials failed to convince investors about the economy’s new...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Chinese Investors Dump Record Amount of US Stocks and Bonds(Bloomberg) -- Chinese investors dumped a record amount of US securities, both stocks and bonds, in May as diplomatic tensions remained elevated between the ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Chinese Stocks in Hong Kong Near Correction Ahead of PlenumA gauge of Chinese stocks listed in Hong Kong approached a technical correction as investors remain cautious about the economic outlook ahead of a key meeting of the nation’s top leaders.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Chinese Stocks in Hong Kong Near Correction Ahead of Plenum(Bloomberg) -- A gauge of Chinese stocks listed in Hong Kong approached a technical correction as investors remain cautious about the economic outlook ahead ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »