China s stocks slipped on
Tuesday as a cut in the country s benchmark mortgage rate failed
to significantly shore up investor confidence about prospects
for the struggling property market and broader. -February 20, 2024 at 12:35 am EST
- MarketScreener
LONDON : Hedge funds favoured Asian emerging markets in the week to Feb. 15, piling into company stocks in China, Korea, Taiwan, and India, in moves that came just before China slashed its benchmark mortgage rate, Goldman Sachs research showed. In a note published Friday and shared with Reuters late on Mo
Hedge funds favoured Asian
emerging markets in the week to Feb. 15, piling into company
stocks in China, Korea, Taiwan, and India, in moves that came
just before China slashed its benchmark mortgage.
China s stocks closed up on
Tuesday, rebounding from losses in early trade, after the
country announced its biggest ever reduction in the benchmark
mortgage rate to prop up the struggling property.