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China stock rally fizzles
China stock rally fizzles as stimulus news disappoints
A stock market rally in China has fizzled out as a highly-anticipated announcement on plans to boost the country's ailing economy disappointed investors. Shares had jumped by over 10% as trading restarted after the Golden Week holiday but fell back after a news conference by the country's economic planners.
China's stock rally hits speed bump as investors await more stimulus
SHANGHAI/SINGAPORE (Reuters) -Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, which was dampened by the lack of powerful stimulus measures to revive the economy.
China Stock Rally Fizzles as Stimulus Optimism Fades
"The strong showing today is not a big surprise as the Chinese bourses are probably playing catch-up after both the Hang Seng Tech Index in Hong Kong and the Golden Dragon Index in the U.S. surged by over 10% in the first week of October when Chinese markets were closed for the Golden Week holidays.
50m
China Stock Rally Loses Steam As Investor Optimism Subsides: 'Not Quite Enough To Satiate Lofty Expectations'
China stocks are moving lower on Wednesday as investors moderate expectations for a swift Chinese economic recovery bolstered ...
21h
China’s Policy Reversal Sparks ‘Mind Boggling’ Stock Rally
The government has fired up investors by encouraging banks to lend more to buyers of stocks and real estate, but officials ...
11h
on MSN
China stock plunges over 5% in Asia-Pacific market's mixed trade as stimulus rally fades
Asia-Pacific markets trade mixed on Wednesday, with China stocks plunging more than 5% as the rally driven by Beijing’s ...
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