Close Menu
InfoQuest Network
  • News
  • World
    • United States
    • Canada
    • Europe
    • Asia
    • Latin America
    • Australia
    • Africa
  • Politics
  • Business
    • Personal Finance
    • Finance
    • Markets
    • Startup
    • Investing
    • Innovation
    • Billionaires
    • Crypto
  • Tech
  • Lifestyle
  • Sports
  • Travel
  • More
    • Science
    • Entertainment
    • Health & Wellness
    • Immigration
Trending

Trump Sends Warning to Zohran Mamdani if He Wins Mayoral Race

July 7, 2025

N.Y.P.D. Looking Into Death of 18-Year-Old at Bronx Police Station

July 7, 2025

Discover the Wonders of Mars, Venus, and July’s Stunning Buck Moon

July 7, 2025
Facebook X (Twitter) Instagram
Smiley face Weather     Live Markets
  • Newsletter
  • Advertise
Facebook X (Twitter) Instagram YouTube
InfoQuest Network
  • News
  • World
    • United States
    • Canada
    • Europe
    • Asia
    • Latin America
    • Australia
    • Africa
  • Politics
  • Business
    • Personal Finance
    • Finance
    • Markets
    • Startup
    • Investing
    • Innovation
    • Billionaires
    • Crypto
  • Tech
  • Lifestyle
  • Sports
  • Travel
  • More
    • Science
    • Entertainment
    • Health & Wellness
    • Immigration
InfoQuest Network
  • News
  • World
  • Politics
  • Business
  • Finance
  • Entertainment
  • Health & Wellness
  • Lifestyle
  • Technology
  • Travel
  • Sports
  • Personal Finance
  • Billionaires
  • Crypto
  • Innovation
  • Investing
  • Markets
  • Startup
  • Immigration
  • Science
Home»Business»Finance»China stock ETFs surge while mainland markets are closed for holiday
Finance

China stock ETFs surge while mainland markets are closed for holiday

News RoomBy News RoomOctober 3, 20240 ViewsNo Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email Reddit Telegram WhatsApp

Chinese equities, which mainly invest in Chinese equities trading on the Hong Kong Stock Exchange or U.S. exchange-listed companies headquartered or incorporated in China, saw a rebound last week. This turnaround came after Beijing implemented a series of stimulus measures to help combat a deep economic slump. These measures included rate cuts and reducing the cash reserves banks were required to hold, which injected newfound optimism into Chinese stocks that had previously been struggling due to a sluggish economy and regulatory crackdowns in recent years.

The stimulus measures announced by the Chinese government sparked renewed interest in Chinese equities among investors. Scott Rubner, a tactical specialist at Goldman Sachs, expressed his bullish outlook on Chinese equities, noting that he had never seen such high demand for Chinese equities. He suggested that Chinese equities have not even returned to benchmark index weights yet, indicating further potential for growth in the sector. This sentiment was echoed by David Tepper, founder of hedge fund Appaloosa Management, who stated that he is buying “everything” related to China due to the government’s support.

As a result of the government’s commitment to providing stimulus, Chinese stocks experienced significant gains. JD.com, an e-commerce company, saw a 5% surge in its stock price, marking the fifth consecutive day of gains. Another e-commerce company, PDD, also experienced a 4.8% increase following an 8% rally the previous day. These gains highlight the positive market sentiment towards Chinese equities and the potential for further growth in the sector.

Kangen Water

Despite the positive outlook for Chinese equities, it is important to consider that Mainland Chinese markets, including the Shanghai and Shenzhen stock exchanges, will remain closed until October 8th. This closure may impact the performance of Chinese equities in the short term, as investors wait for these markets to reopen and resume trading. However, the overall positive sentiment towards Chinese equities, fueled by the government’s stimulus measures and investor interest, suggests that the sector may continue to see growth in the future.

The recent rally in Chinese equities reflects a shift in market sentiment towards the sector, driven by the government’s efforts to stimulate economic growth. The rate cuts and reduction in cash reserve requirements for banks have boosted investor confidence and encouraged investment in Chinese stocks. This newfound optimism is further supported by prominent investors like Scott Rubner and David Tepper, who have expressed positive views on Chinese equities and are actively increasing their exposure to the sector.

In conclusion, the recent performance of Chinese equities, driven by government stimulus measures and investor optimism, highlights the potential for growth in the sector. While Mainland Chinese markets remain closed, the positive sentiment towards Chinese equities suggests that further gains may be on the horizon when trading resumes. Investors like Scott Rubner and David Tepper have expressed confidence in the sector, further underscoring the potential for continued growth in Chinese equities. As the global economy continues to recover from the impact of the pandemic, Chinese equities may offer opportunities for investors seeking exposure to one of the world’s largest and fastest-growing economies.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Telegram WhatsApp

Related News

Fraudsters Allegedly Stole Millions From IRS Using Tax Pro Hotline, Watchdog Reports

November 5, 2024

Former Baidu AI Scientist Turns Billionaire as Shares of His Self-Driving Tech Startup Surge 16%

November 5, 2024

Experian, TransUnion, and Equifax Disable TomoCredit’s Reporting Access

November 5, 2024

Tax Measures Are Up for Vote in Multiple States—Here’s the Information You Should Have

November 5, 2024

3G Capital, Masterminds Behind a $20 Billion Burger King Profit, Scores Another Big Win

November 4, 2024

Join the Forbes Fintech 50: Submit Your Application for the 2025 List

October 25, 2024
Add A Comment
Leave A Reply Cancel Reply

Top News

N.Y.P.D. Looking Into Death of 18-Year-Old at Bronx Police Station

July 7, 2025

Discover the Wonders of Mars, Venus, and July’s Stunning Buck Moon

July 7, 2025

Alan Jones’ Lawyer Criticizes Police for Phone Search Following 2024 Arrest

July 7, 2025

Subscribe to Updates

Get the latest news and updates directly to your inbox.

Advertisement
Kangen Water
InfoQuest Network
Facebook X (Twitter) Instagram YouTube
  • Home
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 Info Quest Network. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.