Saturday, February 15, 2025
HomeStocksChina stocks open down, investors anticipate more stimulus

China stocks open down, investors anticipate more stimulus

-

[ad_1]

China stocks opened down on Friday, as investors cautiously await further policy announcements from a finance ministry press conference scheduled on Saturday. The Hong Kong market was closed for a holiday.

China’s blue-chip CSI300 Index dropped 0.7% at the market open, while the Shanghai Composite Index edged down 0.4%.

China stocks have rallied since late September due to stimulus measures, but the momentum has slowed this week. The market is now focused on potential further fiscal stimulus that could be announced at a Ministry of Finance press conference on Saturday.

[ad_2]

Source link

LATEST POSTS

Kotak Bank shares in focus as RBI lifts restrictions on opening new bank accounts, credit card issuance

The shares of private lender Kotak Mahindra Bank will remain in focus on Thursday, February 13, after the Reserve Bank of India (RBI) lifted...

Stocks to buy: Top recommendations for February 13, 2025

Jefferies has initiated its coverage of recently listed ITC Hotels with a ‘buy’ recommendation with a target price of Rs 240 (+37%)....

New income tax bill to be introduced in Lok Sabha today; primary objectives include ease of paying taxes, more direct rules

The Income Tax Bill will drop several obsolete provisions, decriminalise many offences, introduce the concept of ‘tax year’ and provide a ‘Taxpayer’s Charter’, marking...

Too many models, too much confusion: OpenAI pledges to simplify its product line

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More OpenAI plans to “simplify” its model...

Most Popular

spot_img