Reported 18 days ago
Chinese stocks saw a strong recovery, bouncing back from previous losses due to strong export figures and growing hopes for government stimulus, which countered fears of tariff implications following the US elections. The CSI 300 Index increased by 3%, reaching its highest level in nearly a month, while China's onshore yuan also gained against the dollar. Market sentiment improved as calls for stronger economic support from Chinese leadership intensified ahead of pivotal policy discussions, with projections hinting at greater stimulus measures to be announced.
Source: YAHOO