China stocks surge as central bank eases policy

The Most Important Thing

risk is largely a matter of opinion

Todd Smith

·2 years ago

shared a link post in group #The Most Important Thing

Have I not learned my lesson?  I'm extremely tempted to dive back in - at a #A Glance of China 行摄中国 , it at least appears to be a government market manipulation they won't allow to fail for their 5% economic growth target.  #The Most Important Thing for the record is, I was right - it did fall below $70 in May.  Now it's >$100 and climbing.  Get onboard?  Too late?  

https://www.ft.com/conten..

www.ft.com

Chinese stocks post best week since 2008 after stimulus blitz

Beijing’s pledge to support capital markets and economic growth targets also helps lift European stocks and metals prices

Sam Mendoza
a Hail Mary push to meet its 5% annual-growth target... China slashed mortgage rates and made it easier for banks to make loans, among other stimulus measures (including cash handouts to the poor). China’s economy has struggled to recover from the government’s zero-Covid policy, and some say the stimulus may be coming too late to meet its GDP growth target. sherwood.news/markets/chi..
sherwood.news
Chinese stocks are going wild on new stimulus measures. How long will it last?
Some Chinese equity indexes could really use the help. Others were already primed for a move higher....

Jerome Cody
China stock buyers experiencing 'FOMO.' Stocks surged 314 points (8.48%). The CSI 300 is up 23% in the past 5 days. (Why is there a lunch break in the stock market?)

Embed post to a webpage :

<div data-postid="vodyemn" [...] </div>

China stocks surge as central bank eases policy

Todd Smith

Chinese stocks post best week since 2008 after stimulus blitz

Jerome CodyChina stock buyers experiencing 'FOMO.' Stocks surged 314 points (8.48%). The CSI 300 is up 23% in the past 5 days. (Why is there a lunch break in the stock market?)

Jerome Cody
China stock buyers experiencing 'FOMO.' Stocks surged 314 points (8.48%). The CSI 300 is up 23% in the past 5 days. (Why is there a lunch break in the stock market?)