After the government announced a fresh financial stimulus to boost its economy, Chinese stocks rose to a 3-week high level.
The benchmark Shanghai Composite Index edged up 1.84 percent, which was 36.09 points, to close at 2001.5 on Nov.4. And the turnover on the bourse reached the highest point since May 9, which Read more…
Popularity: 3% [?]
benchmark, China, economy, government, index, stimulus, stock
According to ten top economists in a joint plea to the central government, in order to materialize the 4 trillion yuan stimulus package and shore up China’s economy, decisive and coherent policy measures to revitalize the equity market are needed.
As the barometer of the country’s economic and social conditions, the bad situation of the Chinese stock market may bring serious damage to the banking and fiscal systems as well as listed companies. The country’s domestic consumption Read more…
Popularity: 3% [?]
capital, China, economy, index, market, stock
After the government announced a fresh financial stimulus to boost its economy, Chinese stocks rose to a 3-week high level.