Chinese Stocks Rally After Volatile Morning Despite Deflationary Trends

Reported about 6 hours ago

Chinese stocks managed to extend gains following a tumultuous morning session, fueled by optimism regarding government fiscal support, even as deflationary pressures lingered. The CSI 300 Index saw a 2.4% rise, overcoming earlier losses. Although there are indications of increased fiscal measures and government borrowing to boost the property sector, some investors remain cautious, anticipating potential slowdowns ahead before any significant stimulus materializes.

Source: YAHOO

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