Global Investing
China stocks surge into bull market amid stimulus boost
Government stimulus, including relaxed homebuying rules and lower mortgage rates, is fueling investor optimism.
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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