US-Listed Chinese Stocks, ETFs Surge on New Stimulus Reports
KEY TAKEAWAYS U.S.-listed Chinese companies from Alibaba to Temu parent PDD and China-focused ETFs surged Thursday following reports of more bailouts for the country's suffering economy.Bloomberg reported that Beijing is planning to inject around $140 billion into its largest state lenders to prop up the economy.
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.
Chinese stocks soar on stimulus plan. Can the rally continue?
China’s stock market surged the most in more than two years and industrial commodity prices bounced after Beijing on Tuesday unleashed a swathe of stimulus measures.
Chinese Equities Rally on Stimulus Package: Top Stocks to Consider
Chinese stocks have seen a nice rally over the last few days following Monday's announcement that China's Central Bank will implement a stimulus package to boost its slowing economy.
Stocks rise as China adds to stimulus with more measures
China: Week's second stimulus shot boosts markets. The China stock rally returned as Beijing announced more measures to revive the world's second-largest economy, including cash h
China's stimulus-led stock rally pulls Asia higher; oil falls
By Rae Wee SINGAPORE (Reuters) -Asian stocks bucked the global trend to extend a China-led rally on Thursday, fuelled by persistent optimism over the country's aggressive stimulus package and news that more support could be in the works.
Chinese Stocks Extend Gains on Continued Stimulus Optimism
Chinese stocks extended their gains on Wednesday as investors continued to bet that Beijing’s latest stimulus measures would help drive a market turnaround and kickstart the country’s sluggish economy.
Chinese markets set to extend gains, other Asian markets poised for rebound
Mainland China’s CSI 300 has notched a five-day winning streak, hitting its highest levels in almost two months after Beijing rolled out a slate of economic stimulus measures on Tuesday.
Stocks struggle as China stimulus boost fades
Stocks globally struggled on Wednesday to maintain momentum fuelled by China's monetary stimulus measures, with crude oil retreating and the dollar under pressure.
Global stocks mixed after China stimulus as Dow retreats from record
Stock markets diverged and oil prices fell on Wednesday as China's latest measure to bolster its economy, the world's second-largest, failed to sustain another global rally.
Stock markets boosted by China hopes, tech rally
Hong Kong and Shanghai led another rally across markets on Thursday as China unveiled further economy-boosting measures following a raft of stimulus this week. China announced a fresh batch of measures to boost jobs -- particularly among young people -- and help the poorest with handouts,
Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka
"Obviously this is incredibly good for very undervalued Chinese equities, especially when the government is encouraging ...
Chinese stocks close sharply higher after Beijing affirms stimulus measures; property stocks spike
Asia-Pacific markets rose on Thursday, led by Hong Kong's Hang Seng index and the mainland Chinese markets which extended ...
Why Chinese Stocks Are Jumping on Tuesday
Chinese stocks leapt out of the gate Tuesday morning, with shares of Pizza Hut and KFC operator Yum China Holdings ( YUMC ...
'Big Short' investor Michael Burry bet half of his portfolio on Chinese stocks. It's finally starting to pay off.
Michael Burry's Scion Asset Management had about half of its portfolio invested in Chinese tech giants as of June 30, ...
Hedge Funds Snap Up Chinese Equities on Stimulus Optimism
Hedge funds rushed to buy Chinese equities in a bet that the country’s new stimulus program can boost growth in the world’s ...
Why Chinese Stocks Like XPeng and Dada Nexus Were on Fire Today
Industrial companies and the finance sector in particular should feel the impact of lower interest rates and other new ...
Foreign investors cheer China's stimulus - from a distance
As the market euphoria to China's biggest stimulus since the pandemic settles, foreign investors are now asking whether the ...
China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduced new measures to boost ...
Stock market today: Wall Street heads for another record as markets rally worldwide
U.S. stocks are rising toward another record on Thursday as financial markets around the world rally again. The S&P 500 was 0.5% higher in morning trading and on track to set an all-time high for the ...