China's Stimulus Sparks Stock Surge and Policy Shift
TL;DR Summary
Chinese stocks in Hong Kong saw a late surge as top leaders pledged to ease monetary policy and increase fiscal spending, leading the Hang Seng China Enterprises Index to rise by 3.1%. The yield on 10-year government bonds hit a record low, and the offshore yuan strengthened slightly against the dollar.
- Chinese Stocks, Yuan Stage Late Rebound on Politburo Pledges Bloomberg
- China's returning to its 2008 financial crisis playbook to stimulate the economy Axios
- Alibaba, Nio Stock Jump. What China's Latest Stimulus News Is All About. Barron's
- Chinese Stocks JD, TCOM, ATAT Flash Buy Signals On Vow Of More Stimulus, Easy Money Investor's Business Daily
- China Eases Overall Monetary Policy Stance for First Time in 14 Years The New York Times
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