Chinese Stock Surge: Should You Invest After Stimulus Boost?
BABA(BABA) MarketBeat·2024-10-02 19:01
Chinese stocks have been on a tear recently, surging higher by as much as 50% in some cases, following the Chinese government's announcement of a series of measures to stimulate the slowing economy. The rally has sparked immense excitement among investors, who now wonder if the uptrend will continue or if it’s a temporary surge. Get JD.com alerts:Stimulus Injects Optimism in Chinese StocksFor months, Chinese equities had been underperforming due to many factors, including a sluggish economy, high interest r ...