China's stocks rise while Asian markets are weak, driven by concerns over US monetary policy

From Google: 2024-08-08 08:18:35

China’s stocks surged, despite broader weakness in Asian markets. The Shanghai Composite Index rose 0.8%, while the CSI300 Index climbed 1.1%. This comes after concerns about U.S. monetary policy led to a global market selloff. Investors are closely watching for any signals from the Federal Reserve about tapering its stimulus measures.



Read more at Google: China Stocks Rise Amid Broader Asian Market Weakness – FX Leaders