Reported 1 day ago
Chinese markets are showing renewed skepticism as a recent stock rally loses momentum, indicating low expectations for substantial growth stimulus from an upcoming policy meeting. The CSI 300 index dipped 0.2% after a previous rally, and the yuan weakened. Investors, frustrated with past policy disappointments, are seeking concrete details on stimulus measures, while the Communist Party hints at a more proactive monetary policy for 2025. However, outflows from equity funds suggest lingering doubt about the effectiveness of future financial measures in boosting the economy.
Source: YAHOO