Reported 8 days ago
Chinese stocks have seen an extraordinary rally, climbing for the ninth consecutive day as government stimulus entices investors. The CSI 300 Index rose up to 6.5%, marking its most significant increase since 2015. This surge comes after major cities relaxed homebuying rules and the central bank lowered mortgage rates, boosting investor confidence. The recent turnaround has led to a record trading volume, as many turn bullish on a market previously deemed oversold.
Source: YAHOO