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thefrugalstoryteller wrote a post · Sep 28, 2024 02:42

September 27

Saw quite a few posts and news on the China market, thus thought I’d share a quick summary of the updates I read that could weigh in on the movments 🟢🟢🟢
After the recent economic challenges, the Chinese government just rolled out fresh stimulus to boost the economy. Including the People’s Bank of China injecting 1 trillion yuan in liquidity, cutting mortgage rates and introducing policies supporting the stock market…
Both the Shanghai Composite and Shenzhen Component indices gained >4%, a positive response from the Chinese markets.
Are you guys currently invested in Chinese stocks?
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