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China stocks extend rally as traders brush off virus concerns
Chinese stocks extended their rally on Tuesday with traders shaking off concerns that the growing coronavirus outbreak in the US could endanger a global economic recovery. The CSI 300 of Shanghai- and Shenzhen-listed shares added as much as 2.1 per cent, taking gains over the past week to more than 13 per cent. Hong Kong’s Hang Seng index, which entered a bull market on Monday, jumped shortly after opening but by the afternoon was down 0.5 per cent. China’s equities market has been supported in recent days by state-run media, which has encouraged the country’s important retail trader base to pile in.
https://finance.yahoo.com/m/28fff76...6/china-stocks-extend-rally-as.html?.tsrc=rss
Chinese stocks extended their rally on Tuesday with traders shaking off concerns that the growing coronavirus outbreak in the US could endanger a global economic recovery. The CSI 300 of Shanghai- and Shenzhen-listed shares added as much as 2.1 per cent, taking gains over the past week to more than 13 per cent. Hong Kong’s Hang Seng index, which entered a bull market on Monday, jumped shortly after opening but by the afternoon was down 0.5 per cent. China’s equities market has been supported in recent days by state-run media, which has encouraged the country’s important retail trader base to pile in.
https://finance.yahoo.com/m/28fff76...6/china-stocks-extend-rally-as.html?.tsrc=rss
