China stocks surge into bull market amid stimulus boost

China stocks surge into bull market amid stimulus boost

Government stimulus, including relaxed homebuying rules and lower mortgage rates, is fueling investor optimism.
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Chinese stocks are experiencing a remarkable turnaround, with the CSI 300 Index surging 8.5% in one day, entering a technical bull market after rising more than 20% from its recent lows. Government stimulus, including relaxed homebuying rules and lower mortgage rates, is fueling investor optimism. As brokerages report surging demand, analysts believe China's sweeping policy changes signal a sustainable shift, potentially reversing years of cyclical challenges in the market.

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By Bloomberg News

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