Chinese stocks rally after Politburo promises fiscal support to reach economic goals, boosting investor confidence.
From Google: 2024-09-26 02:06:00
Chinese stocks rose as the Politburo pledged support to achieve economic goals, boosting investor confidence. The Shanghai Composite Index climbed 0.7% to close at 3,463.07. The CSI 300 Index gained 0.6%. The Politburo stated they would provide fiscal support to ensure economic stability amid global uncertainties. Investors welcomed the news, leading to a positive market performance.
Read more at Google: China Stocks Jump as Politburo Vows Fiscal Support to Hit Goals – Bloomberg