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China Fiscal Policy Announcement Seems Underwhelming
Express News | China has approved an a 6 trillion yuan ($839 billion) program to refinance local government debt, aiming to support its slowing economy. Offshore RMB exchange rate falls to 7.180.
Shares of US-listed Chinese Stocks Are Trading Higher Amid Potential Hopes of a China Economic Stimulus Following Trump's Election Victory.
Express News | Ishares MSCI China ETF up 3.5%, Kraneshares CSI China ETF up 3.7%, ishares China Large-Cap ETF up 3.8%
Express News | Bilibili up 4.6%, Baidu up 2.1%, Gaotu Techedu up 4.2%
Express News | Li Auto up 2.2%, NIO up 3%, Xpeng up 4.4%, iQIYI up 2.8%
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会飞的笨鸟 : What do you mean by outbreak?
101538737 OP : baidu going up. china gov will push a strong stimulation plan since trump is elected.
101538737 OP : will announce tomorrow