China stocks party starts to fizzle as markets wait on stimulus
- Posted on October 8, 2024
- By Business News Today
- 2 Views
China stocks party starts to fizzle as markets wait on stimulus
Chinas stock rally tapered and Hong Kong shares slumped as officials provided few details on economic stimulus plans. Mainland markets surged but then moderated, while the Hang Seng fell significantly. Investors showed caution, leading to sharp drops in the yuan and industrial metal prices.
