Analysis-Bulls Beat a Path to China Stock Shop but Foreigners Dare Not Go In usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Share prices have rebounded from multi-year lows in February on signs of more official support. The benchmark Shanghai index has climbed more than 3% since reports of the property rescue surfaced on Thursday, taking its gains to a fifth in 3-1/2 months, though the rally stalled on Tuesday as investors awaited more details on how the funding would work. Hong Kong-listed Chinese shares are up nearly 38%
Emboldened by
China s latest measures and pledges to fix the weakest parts of
its struggling economy, domestic investors are scooping up
shares in a cheap stock market, while most foreign investors. -May 21, 2024 at 07:00 pm EDT
- MarketScreener