Tuesday, 10 December 2024

Soft Inflation and Policy Shift Helped Chinese Stocks

by BD Banks

Chinese stock indices led the gains on Monday following reports that the government will adopt a ‘moderately loose’ monetary policy, as opposed to the ‘prudent’ one previously in place. This change in tone saw the Hang Seng Index rise by almost 6%. Admittedly, it only helped bring it back to where it was a month […]

The post Soft Inflation and Policy Shift Helped Chinese Stocks appeared first on Action Forex.

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