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China stocks see best week since 2008 on stimulus impact
China stocks see best week since 2008 on stimulus impact as most Asia markets rise
Chinese markets clocked their best week in almost 16 years as the mainland’s CSI 300 rallied 15.7% this week, buoyed by several economic stimulus measures by the central bank.
China Stocks Soar in Biggest Single-Week Jump Since 2008
On Friday, the CSI 300 index of big Chinese companies traded in Shanghai or Shenzhen rose 4.5 percent and was up 15.7 percent this week. The gain was the largest in a single week for the index since November 2008, when share prices were gyrating violently with the onset of the global financial crisis.
China stimulus wasn’t enough to convince retail investors to buy Chinese stocks
This week, the Chinese government unveiled a slew of stimulus measures to boost its economy and get national GDP to an annual growth target of 5%.
China watches
China's coast guard says Philippine vessel took supplies to Second Thomas Shoal
China's coast guard said on Friday the Philippines sent a civilian ship to ferry daily necessities to a warship at the Second Thomas Shoal that Beijing says was illegally "beached" in the disputed waterway of the South China Sea.
China Says 'Supervised' Philippine Supply Mission To Disputed Reef
China said Friday it had "supervised" a Philippine ship as it delivered supplies to a grounded vessel at a disputed reef in the South China Sea, after a string of tense encounters in the area this year.
China watches as Philippine supply ship visits Second Thomas Shoal in South China Sea
China confirmed on Friday that it did not block the resupply mission of a Philippine vessel at a controversial South China Sea reef, almost a month after naval ships of the two countries nearly collided in a stand-off in nearby waters.
12h
US rate cut, China stimulus spark hope for more Asia private equity deals
U.S. interest rate cuts and China's economic stimulus package for markets will be conducive to private equity deals in Asia, ...
13h
on MSN
French tycoon gains $17 billion from China’s economic stimulus push
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...
3d
China Is Striking Deals to Cement Its Role as Asia’s Trade Hub
Beijing’s leaders are working with regional neighbors on the country’s western, northern and southern borders to develop new ...
6h
After TikTok, Micro Drama Series Could Be China’s Latest Disruptive Contribution to Global Entertainment
Micro drama series, like those hatched by Jeffrey Katzenberg's Quibi, but cheaper, could be China's new disruption of global ...
FiercePharma
7h
Fierce Pharma Asia—Daiichi, AZ's ADC setback; Fosun, Kite JV's separation; Yuhan's busy week
AstraZeneca and Daiichi Sankyo's Dato-DXd failed to improve survival in a breast cancer study. Gilead Sciences' Kite will bow ...
16h
on MSN
Asian markets follow Wall Street higher on upbeat news from China, US
In Japan, the Nikkei 225 index edged 1.4% higher to 39,451.25 after Tokyo’s consumer inflation, considered a leading ...
9h
Former defense minister set to lead Japan amid efforts to counter China's growing power
As prime minister of the U.S. ally, Shigeru Ishiba will face anger over rising prices at home and an increasingly complicated ...
5d
China’s Power in Asia Plateauing Below US, Lowy Institute Says
China’s power in Asia is plateauing at a level below the US as its economic capability is curtailed, according to the Lowy ...
11h
Why China's sunk submarine doesn't change its navy's global dominance
Despite setbacks, China’s relentless pursuit of naval dominance and cutting-edge technology keeps its ambitions in the ...
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