Policy shift spurs surge in stocks, bond
Financial Express Kochi|December 10, 2024
STOCKS JUMPED AND China's government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises.
REUTERS

Benchmark 10-year yields fell about 2 basis points to 1.935%, a record low. Hong Kong's Hang Seng index jumped 2.8% and tech shares rose 4.3%.

China's growth has stalled as a collapse in the property market has crushed confidence and consumption.

This story is from the December 10, 2024 edition of Financial Express Kochi.

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This story is from the December 10, 2024 edition of Financial Express Kochi.

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