Chinese Stocks Book $70 Billion US Rally As Beijing Brandishes ‘Big Guns’ Stimulus
The last week has been a “whole shift” from the Chinese government as it brings out the “big guns” policy-wise to support growth, hedge fund billionaire David Tepper told CNBC’s “Squawk Box” on Thursday morning, adding he’s buying “everything” he can get his hands on tied to Chinese equities.
E-commerce giant Alibaba Group Holding appears on course to turn around a years-long slump on the back of Beijing's sweeping ...
Australia’s REA makes fourth proposal to buy British property portal and urges Rightmove board to ‘engage now’. UK ...
Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech giants as of June 30, ...
Chinese equities have surged to their best week since 2008 after Beijing launched an economic stimulus package including a US$114 billion war chest to boost the stock market.
International investors are getting increasingly concerned about missing out on the rally that was sparked by the unveiling ...
Shares of Chinese consumer stocks PDD Holdings ( PDD 5.72%), Baidu ( BIDU 4.57%), and JD.com ( JD 3.80%) rallied big this week, up 29.5%, 18.9%, and 33.1%, respectively, through Thursday trading, ...
The rally spread across the world, with shares of luxury giant LVMH — which is increasingly reliant on Chinese consumers — ...
Stocks in Asia are mostly higher, boosted by moves by China to rev up its economy. The Hang Seng in Hong Kong advanced 3.7% ...
Top Chinese officials are indicating further support for the Chinese economy after implementing new stimulus measures earlier ...
Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by ...
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