Chinese stocks rise on government stimulus measures, boosting market sentiment and stock prices

From Google: 2024-09-26 19:17:06

Chinese stocks continued to rise on Monday, with the Shanghai Composite Index gaining 0.5% and the Shenzhen Component Index climbing 0.6%. This comes after China announced stimulus measures to boost its economy.

Investors are optimistic about the Chinese government’s efforts to support the economy, with the stimulus policies including tax cuts and increased infrastructure spending. This has helped improve market sentiment and drive stock prices higher.

The rally in Chinese stocks was supported by gains in sectors such as technology and consumer goods. This positive trend is expected to continue as investors have confidence in the government’s ability to stimulate economic growth and support the stock market.



Read more at Google: Chinese stocks extend gains on stimulus policies – bastillepost.com