China Stocks Surge Due to Strong Property Market; Japanese Stock Market Shuts Down

Quick Summary:

Investor mood was upbeat after Beijing moved to help its crisis-hit real estate sector, lifting hopes of more stimulus for the world’s No2 economy

The post Hang Seng, China Stocks Gain on Property Boost; Nikkei Closed appeared first on Asia Financial.

Focus, however, will be on any guidance for the central bank’s rate outlook, after repeated runs of stronger-than-expected US economic data and still-sticky inflationary pressures derailed market bets on how soon the Fed could commence its rate-easing cycle.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sean O'Meara

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaIndiaJapan

Topics: Markets Nikkei 225 Hang Seng Index Nifty 50

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-29 @ 09:49:57 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 658 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 20820874

View Article Analysis

About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 5 posts per day

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 13 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

Publisher Details

Frequently Asked Questions