Chinese stocks surged on Monday after several leading companies forecast strong mid-year earnings and economic data showed growth.
Not exact matches
Combined with President Donald Trump's tweet thanking the
Chinese leader for his speech, the seemingly eased tensions sent
stocks soaring, with the Dow Jones industrial average
surging 429 points, the S&P 500 rising 1.67 percent and the Nasdaq jumping 2.07 percent.
BEIJING (AP)-- Gong Bin, a marketing employee in Shanghai, watched
Chinese stock prices gallop upward for months before he finally gave in and put the equivalent of 2 1/2 months» salary into the
surging market.
The Blackmores share
surge in 2015 has come from rising demand for its vitamins in China from local buyers in that country sourcing them through big online websites such as Tmall, operated by web giant Alibaba, and through
Chinese expatriates and business people in Australia buying large amounts of
stock and sending them to China.
Goldman Sachs believes that the
Chinese Bitcoin
surge is coming from waning confidence in the
Chinese economy, weakening Yuan value, and new
Chinese investors which do not have the money to invest in property or do not have sufficient knowledge about trading to invest in the
stock market.
Real estate agents in Australia, Britain and Canada are bracing for a
surge of new interest in their already hot property markets, with early signs that wealthy
Chinese investors are seeking a safe haven from the turmoil in Shanghai's
stock markets.
Australia, Britain and Canada brace for
surge in interest after signs
Chinese buyers are seeking safe - haven property markets in wake of
stock market volatility