But the wild market swings also underscore the risks of a headlong dash back into China’s volatile equities, with some using the phrase ge jiucai, meaning “cutting leeks” — a reference to investment …
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Iron ore price recovers but posts weekly loss as Beijing stimulus uncertainty weighs
The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.15% higher at 789.0 yuan ($111.55) a metric ton. The contract lost 2.18% for the week, …
Beijing likely to announce more stimulus this month: Nomura
Banking group Nomura says it “firmly expects” the Chinese authorities to present a “fiscal stimulus package,” as the nation’s Ministry of Finance will hold a briefing on fiscal policy on October 12.
Global Markets Pause Ahead of Beijing’s Fiscal Announcements
Global stocks were stable on Friday as investors awaited fiscal stimulus updates from Beijing expected over the weekend. Wall Street showed slight declines, while European markets remained steady.
China may announce fiscal stimulus of up to 2 trillion yuan this weekend: Deutsche Bank
China’s Ministry of Finance is expected to hold a briefing on Saturday in which market participants foresee a package worth between 1.5 trillion to 2 trillion yuan unveiled. “It will
China’s ‘whatever it takes’ moment? Investors hope for billions in additional stimulus this Saturday
Many investors and analysts viewed the move as a signal that Beijing was finally ready to take drastic action to revive its ailing economy, following a barrage of disappointing data and amid a slump …
Stocks Trade Sideways Awaiting China Stimulus Moves
The global stock index is near record highs after a burst of late summer volatility sparked by fears of a U.S. recession was eased by the Federal Reserve’s first rate cut of this cycle, where…
China’s ‘whatever it takes’ moment? Investors hope for hundreds of billions in new stimulus
Investors are on tenterhooks as Beijing prepares to deliver fresh policies over the weekend that could jumpstart its economy. China’s Finance Minister Lan Fo’an is set to hold a press conference at 10 …
China Finance Ministry Briefing Set to Be Another Boom or Bust Moment for Stimulus Hopes
The pressure is on for China’s Finance Ministry to deliver more fiscal stimulus at a press conference on Saturday.
Understand Xi and you’ll adjust expectations for China stimulus
Yes, China can surprise on the upside when it commits to lifting growth. But it is also true that it can’t perform the same tricks forever. This is not a short-term speed bump it is…
China’s runaway rally stutters on stimulus uncertainty
By Tom Westbrook SINGAPORE (Reuters) -Chinese shares slumped and commodities were struggling to find a footing on Wednesday as investors tempered expectations for a robust Chinese economic recovery, while a downbeat outlook from New Zealand’s…
Beijing Letter: Stock market rally fizzles out as Chinese hope for effective fiscal measures
China went back to work on Tuesday morning after a weeklong National Day holiday with the unlikely topic of the stock market dominating the conversation on social media and in real life. The markets …
How China’s crackdown turned finance high-flyers into ‘rats’
Now I think about it, I definitely chose the wrong industry.” Xiao Chen*, who works in a private equity firm in China’s financial hub, Shanghai, says he is having a rough year. For his first…
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