News Formal

China stocks decline amid economic recovery disappointment, while other markets in Asia rise

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 32 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Fumio Kishida News

Business,World News

Shares in China have slumped as details of economic stimulus plans from officials in Beijing failed to meet investors' expectations, while other markets in Asia are higher.

St. Augustine business owners take steps to ensure property is safe ahead of MiltonMayor Deegan asks residents to be welcoming as Jacksonville hotels fill up with Hurricane Milton evacueesTake a look at some of the discounts on items that will be super helpful around the house and with your beauty routine.Eat out, save big — your new favorite dining hack is hereA person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Wednesday, Oct.

People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Wednesday, Oct. 9, 2024, in Tokyo. People walk in front of an electronic stock board showing Japan's Nikkei index at a securities firm, Wednesday, Oct. 9, 2024, in Tokyo. “Let’s call it what it is — an abject failure — as Chinese shares opened sharply lower, sending a clear signal that the market is no longer buying half-hearted promises,” Stephen Innes of SPI Asset Management said in a commentary.

Australia’s S&P/ASX 200 gained 0.2% at 8,189.70. South Korea’s markets were closed for a public holiday.

 

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

 /  🏆 246. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans. Hong Kong's Hang Seng sank nearly 6% as traders sold to lock in profits from recent gains. Shares elsewhere in Asia declined. On Monday, U.S.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans.
Source: wjxt4 - 🏆 246. / 63 Read more »