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 …
Tagged By financials
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.
China banks mull cutting deposit rates as early as this week
CHINESE banks are set to trim rates on 300 trillion yuan (S$55 trillion) of deposits as soon as this week after the latest barrage of stimulus policies further squeeze their profitability, according …
China May Raise $850 Billion in New Debt Over Three Years to Spur Growth, Says Report
BEIJING (Reuters) – China may raise an additional 6 trillion yuan ($850 billion … Since then, the size of the expected fiscal package has been the subject of intense speculation in financial markets. Chinese shares…
China’s big fiscal stimulus package is coming
A briefing by China’s Ministry of Finance might have been short on detail, but it did enough in outlining China’s plans to recapitalise its big banks and shore up over-stretched local government finances to settle…
China Should Seize Control of the Economic Narrative
Hopes for big fiscal stimulus were far too high. Beijing is discovering that managing expectations is key to successful policy.
China growth forecast upgraded at Goldman Sachs amid stimulus efforts
Goldman Sachs upgraded its China growth forecast, citing recent stimulus efforts. But another large package is needed when it comes to reviving the world’s second-largest economy.