China’s CSI-300 stock exchange rose 8.48%, its biggest daily percentage increase ever
- China’s stock market is surging ahead of a weeklong holiday as traders cheer stimulus measures.
- U.S.-listed China stocks are joining the rally, with big names trading at or near yearly highs.
- More stimulus from the fiscal side would likely help the demand-side of the economy, possibly jolting global economic growth.
- Lags in performance between U.S.-listed and China-listed stocks are nearly impractical to trade for retail.
Chinese stocks rise on stimulus measures
Stocks in China saw some of the biggest gains in nearly two decades today as investors mulled recent efforts by Chinese policymakers to stimulate economic activity in the country. Over the weekend, regional governments such as the Guangzhou government said it would remove restrictions on home purchases in the city. The policy shift was just one part of a wider government effort. Other…
