China’s 200 million-strong army of retail investors was supposed to help the market turn a corner. Instead, it has become a source of weakness.
Tagged By financials
China pivot converts more stock bulls, rally saps short-term upside: BofA survey
A surge in Chinese stocks has sapped the market’s upside potential over the next six months, a Bank of America survey showed.
Global fund managers pare India allocation in favour of China, BofA survey shows
Global fund managers increased their allocation to China at India’s expense after Asia’s largest economy unleashed a stimulus package, according to a survey conducted by BofA Securities. Last Saturday …
China’s government is about to spend big on stimulus – can it turn around the country’s sluggish economy?
The market remains deeply uncertain about the future direction of China’s economic policies and what they might mean for the world. But we should still watch closely.
Beijing’s fiscal stimulus gets mixed responses in Chinese stocks
Beijing’s stimulus plan can make the immediate growth-boosting impact to reverse high unemployment rates and the economic slowdown …
Morning Bid: Tech, Banks Spark New US Records as China Relapses
The U.S. bond market returns from holiday to find Wall Street stocks soaring ever higher to new records, with Big Tech and Big Banks stirring earnings season excitement even as China’s markets turn …
Don’t Chase China’s FOMO Rally
Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.
As China’s Stimulus Hype Wanes, Beijing Reportedly Weighs $850B Special Treasury Bonds To Stimulate Economy And Tackle Local Debt
China is reportedly considering issuing 6 trillion yuan, approximately $850 billion, in ultra-long special treasury bonds over the next three years. This potential move aims to bolster the nation’s …
China’s Economy Set to Grow 4.8% in 2024, Missing Target: Reuters Poll
BEIJING (Reuters) – China’s economy is likely to expand 4.8% in 2024, undershooting the government’s target, and growth could cool further to 4.5% in 2025, a Reuters poll showed, maintaining the …
SMEs account for more than 80% of firms listed on Beijing Stock Exchange, as China accelerates inclusive finance
Small and medium-sized enterprises (SMEs) make up more than 80 percent of the companies listed on the Beijing Stock Exchange (BSE), as the bourse focused on advancing inclusive financing over the past three years to…
China may raise $850 bln in new debt over three years to spur growth, says report
China may raise an additional 6 trillion yuan ($850 billion) from special treasury bonds over three years to stimulate a sagging economy, local media reported, a figure that failed to revive sentiment in the country’s…
China Banks Weigh Trimming Deposit Rates as Early as This Week, Bloomberg News Reports
(Reuters) – Chinese banks are set to cut rates on 300 trillion yuan ($42.20 trillion) of deposits as soon as this week, Bloomberg News reported on Tuesday, citing people familiar with the matter.
China Banks Weigh Trimming Deposit Rates as Early as This Week, Bloomberg News Reports
(Reuters) – Chinese banks are set to cut rates on 300 trillion yuan ($42.20 trillion) of deposits as soon as this week, Bloomberg News reported on Tuesday, citing people familiar with the matter.
