China's stimulus rally has already sent stocks up 25%. And there could be more to come
2024-10-04 10:07:48 source：CNBC
October 3, 2024
China stocks will keep rising after markets in the mainland reopen following the Golden Week break, analysts predicted.
Beijing's announcements of economic support last week have fueled China's CSI 300 blue-chip index to rally over 25% in a nine-day winning streak. It popped over 8% on Monday to their best day in 16 years, before the markets were closed for a week-long holiday.
Then, Hong Kong stocks dropped on Thursday, ending a 6-day winning streak and sparking fears that China's stimulus rally could have started to fizzle out.
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https://www.cnbc.com/2024/10/04/chinas-stimulus-rally-has-already-sent-stocks-up-25percent-and-there-could-be-more-to-come.html