China stocks jump as Beijing signals fresh support for growth - News Summed Up

China stocks jump as Beijing signals fresh support for growth


"This has changed the risk appetite for financial markets," he said. "If the US lowers rates, capital may go to higher yielding markets. "Foreign investors bought a net 7.37 billion yuan of Chinese shares on Tuesday. They were net sellers in May.Zhang Qi, an analyst at Haitong Securities in Shanghai, said many investors are buying the recent dip, pointing to high trading volumes. About 26.05 billion shares have been traded on the Shanghai exchange, the most since May 17.


Source: Economic Times June 11, 2019 09:00 UTC



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