China Stock Traders Ponder How Far Blockbuster Rally Can Go
- Hang Seng China gauge has gained about 35% since Sept. low
- Traders await release of holiday data, fiscal stimulus details
By
Winnie Hsu
October 4, 2024 at 10:12 AM GMT+8
Updated on
October 4, 2024 at 3:22 PM GMT+8
Save
Translate
As Chinese stocks in Hong Kong head for their best two-week rally since 2007, questions are arising over just how far this rebound can go.
The Hang Seng China Enterprises
Index has gained 35% since last month’s low, with a bulk of the gains coming after Beijing’s
bumper stimulus announcement on Sept. 24. Some stocks have seen
astronomical gains as share prices more than doubled in a matter of days.
Have a confidential tip for our reporters