(Bloomberg) Chinese stocks have staged a nascent recovery from a $7 trillion rout, thanks to intensifying rescue efforts as authorities seek to prevent the market from slumping for a fourth straight year. Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen ZersNYCB’s Credit Grade Is Cut to Junk by
(Bloomberg) Chinese stocks in Hong Kong rebounded as policymakers were said to consider a package of measures to stabilize the slumping market, giving investors hope that the battered asset class may see at least short-term relief. Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpChina Weighs Stock Market Rescue Package Backed by $278 BillionHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Trea
(Bloomberg) Chinese stocks just capped another dismal week, with a gauge of mainland firms listed in Hong Kong languishing at the bottom of global equity index rankings for the year so far.Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixBlinken’s Return From Davos Was Delayed After Plane Broke DownTrump Moves to Quash Hopes of Congress Ukraine, Border DealTrump Asks Supreme Court to Keep Him on Colorado BallotAirstrikes on Yemen Bring New Level o
(Bloomberg) China’s $1.24 trillion sovereign wealth fund vowed to help with risk mitigation and market stabilization in 2024, the latest sign of state companies playing a bigger role in bolstering the nation’s ailing stock market. Most Read from BloombergIowa Latest: Trump Cruises to Victory, DeSantis Comes in SecondUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaApple to Pull Blood-Oxygen Tool From Watches to Avoid US Ban If Appeal FailsWhat Is Disease X? How Scientists Are Prepar
(Bloomberg) Baidu Inc. plunged its most in more than a year after a report linked its Ernie AI platform to key military research, spurring concerns about retaliation from Washington.Most Read from BloombergUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Shutter 121-Person San Diego AI Team in ReorganizationBiden Says US Doesn’t Support Taiwan Independence After VoteTaiwan Stocks Rise as Election Result Seen to Force CompromiseThe search engine firm, generally consider