Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

China Prepares New Property Stimulus Package As Housing Crisis Enters Year Six [zero hedge]

Morningstar, Inc. (MORN) 
Company Research Source: zero hedge
China Prepares New Property Stimulus Package As Housing Crisis Enters Year Six The global stimmy train is about to leave the station. With Japan - which is now in recession - set to announce a massive (for its GDP) $150BN fiscal stimulus any second, it's ( increasingly belligerent ) neighbor to the west is also about to make it rain. China is considering new measures to turn around its zombified property market, about to enter its 6th year of contraction, as concerns mount that a further weakening of the sector will threaten to destabilize its financial system, Bloomberg reports Policymakers including the housing ministry are considering a slew of options, such as providing new homebuyers mortgage subsidies for the first time nationwide. Other measures being floated include raising income tax rebates for mortgage borrowers and lowering home transaction costs. In the end, however, China will just do what every economy does when it is scrambling to kickstart demand: it will hand out che Show less Read more
Impact Snapshot
Event Time:
MORN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MORN alerts
Opt-in for
MORN alerts

from News Quantified
Opt-in for
MORN alerts

from News Quantified