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China s Bold Stock-Market Rescue Plan Leaves Investors Skeptical

(Bloomberg) China’s boldest plan yet to stem the current stock market rout is facing a wall of skepticism as disillusioned investors say any rebound will prove fleeting without a fundamental fix for its ailing economy. Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionIndia Tops Hong Kong as World’s Fourth-Largest Stock MarketAn Isolated Israel Doubles Down on War in Gaza — At All CostsNetflix Pays $5 Billion for ‘Raw’ in Bet on Live EventsHong Kong Stocks

China s bold stock-market rescue plan leaves investors sceptical

It’s hard to blame investors for their cynicism. China has a history of marshalling policy resources to stanch market bleeding, but few succeeded.

Baidu Recoups Some Losses as Analysts See Selloff Overdone

(Bloomberg) Baidu Inc. climbed as much as 4.3% on Tuesday, regaining some of its losses after analysts labeled excessive a selloff triggered by a report of links to Chinese military AI research.Most Read from BloombergUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaTrump Scores Easy Win in Iowa With DeSantis a Distant SecondIowa Latest: Biden Calls Trump ‘Clear Frontrunner’ After WinApple to Pull Blood-Oxygen Tool From Watches to Avoid US Ban If Appeal FailsWhat Is Disease X? How S

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