Reported 3 days ago
Chinese stocks are poised to achieve their first annual gain since the pandemic, with the CSI 300 Index rising nearly 17% and the Hong Kong-listed equities seeing a 27% jump. This positive trend follows a series of supportive measures from Beijing, including interest rate cuts and increased fiscal policies, aimed at revitalizing the struggling economy. While investor optimism is growing after years of underperformance, concerns about the property market and consumer confidence remain. The upcoming National People's Congress in March is anticipated to provide further clarity on growth strategies.
Source: YAHOO