CSI 300
CSI 300
Fundamental
By :Masih Rezvani_Ph.D
Chinese stock extends gains ahead of Lunar New Year
China's CSI 300 index gained 2.6% this week as foreign investors continued to buy local shares on the back of the nation’s economic reopening and pro-growth policies.
The CSI 300 Index rose 0.6% Friday, capping a fourth straight week of gains. The gauge is up just over 19% from its October 31 low thanks to consumer stocks and financials, as investors bet on a surge in retail spending and improved business environment following President Xi Jinping's moves to exit "Zero-COVID" policy and focus on growth.
All analysts are increasingly turning bullish on Chinese stocks as economists upgrade their forecasts for economic growth this year.
Sentiment is also boosted by a number of property support measures. The latest report showed the nation's financial regulator and bad-debt managers are beefing up refinancing support for high-quality developers.
Fundamental
By :Masih Rezvani_Ph.D
Chinese stock extends gains ahead of Lunar New Year
China's CSI 300 index gained 2.6% this week as foreign investors continued to buy local shares on the back of the nation’s economic reopening and pro-growth policies.
The CSI 300 Index rose 0.6% Friday, capping a fourth straight week of gains. The gauge is up just over 19% from its October 31 low thanks to consumer stocks and financials, as investors bet on a surge in retail spending and improved business environment following President Xi Jinping's moves to exit "Zero-COVID" policy and focus on growth.
All analysts are increasingly turning bullish on Chinese stocks as economists upgrade their forecasts for economic growth this year.
Sentiment is also boosted by a number of property support measures. The latest report showed the nation's financial regulator and bad-debt managers are beefing up refinancing support for high-quality developers.
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