Reported about 9 hours ago
China's stock markets surged after the holiday, with two-year highs reached before losing momentum due to vague stimulus reassurances from officials. The Shanghai Composite and CSI300 indices rose by 4.6% and 5.9%, respectively, but fell short of earlier gains exceeding 10%. The Hong Kong Hang Seng index dropped by 7.9%, attributed to profit-taking and fund reallocations toward direct government stimulus in mainland China.
Source: YAHOO