Global Markets: China shares prop-up Asia on stimulus hopes, sterling braces for Brexit plan [Reuters]
Citigroup, Inc. (C)
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Source: Reuters
Global Markets: China shares prop-up Asia on stimulus hopes, sterling braces for Brexit plan | Reuters 5 Min Read TOKYO (Reuters) - Asian stocks pulled ahead on Tuesday, led by a bounce in Chinese shares as Beijing signalled more supportive measures to stabilise a slowing economy, while the British pound braced for a showdown in parliament over the government’s Brexit plan. Tokyo’s Nikkei rose 0.55 percent to 20,474 after a market holiday on Monday while MSCI’s broadest index of Asia-Pacific shares outside Japan recovered from early losses and advanced 0.56 percent. South Korea’s Kospi hit one-month highs. In China, the CSI300 index of Shanghai and Shenzhen shares rose 0.62 percent, seemingly supported by expectations of more government policy measures to prop-up a slowing economy. China’s state planner said on Tuesday it will aim to achieve “a good start” in the first quarter for the economy in a signal of more growth-boosting steps. State television also quoted Chinese Premier Li Ke
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C
Earnings
- 4/12/24 - Beat
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Sec Filings
- 4/25/24 - Form 424B2
- 4/25/24 - Form 424B2
- 4/25/24 - Form 424B2
- C's page on the SEC website