Chinese Consumption Stocks Surge on Policy Optimism, Vouchers

Bloomberg12-12

Hong Kong-listed Trip.com, Haidilao advance more than 5% eachExpectation of specific consumption measures help: Shen MengChinese shares related to consumption surged Thursday amid expectations for ...

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Upswing118
12-12
Upswing118
this is good esp when all these stocks have been hit hardest. increase 5% every day for this week wd make investors happy before 2025[Cool]

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The onshore benchmark of CSI 300 rose 0.8% in early afternoon trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3cb6c198172c8490c53d18d2143351da\" tg-width=\"492\" tg-height=\"243\"/></p><p style=\"text-align: start;\">“The expectation of more specific policy measures to boost consumption during economic work conference, combined with previous stimulus policies, will have a positive impact on the overall market sentiment,” said Shen Meng, a director at boutique investment bank Chanson &amp; Co.</p><p>Chinese equities delivered a late-morning spike in a sign that traders were adding back bets on more forceful measures by authorities to prop up a slowing economy. The gains also came after a local media report that major cities including Shanghai and Beijing are launching a new round of voucher program to encourage local consumption before the holidays.</p><p style=\"text-align: start;\">All eyes are now on the ongoing annual Central Economic Work Conference, where more details may emerge about policymakers’ strongest pledge in years to revive growth via ramped-up monetary and fiscal easing.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Consumption Stocks Surge on Policy Optimism, Vouchers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Consumption Stocks Surge on Policy Optimism, Vouchers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 13:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-12-12/chinese-consumption-stocks-surge-on-policy-optimism-vouchers><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong-listed Trip.com, Haidilao advance more than 5% eachExpectation of specific consumption measures help: Shen MengChinese shares related to consumption surged Thursday amid expectations for ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-12-12/chinese-consumption-stocks-surge-on-policy-optimism-vouchers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09869":"海伦司","09961":"携程集团-S","06862":"海底捞"},"source_url":"https://www.bloomberg.com/news/articles/2024-12-12/chinese-consumption-stocks-surge-on-policy-optimism-vouchers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142795350","content_text":"Hong Kong-listed Trip.com, Haidilao advance more than 5% eachExpectation of specific consumption measures help: Shen MengChinese shares related to consumption surged Thursday amid expectations for more concrete measures from a key economic policy meeting to boost domestic demand.Trip.com Group Ltd. and Haidilao International Holding Ltd. rose more than 5% each, helping to push a gauge of Hong Kong-listed Chinese stocks up by as much as 2.3%. The onshore benchmark of CSI 300 rose 0.8% in early afternoon trade.“The expectation of more specific policy measures to boost consumption during economic work conference, combined with previous stimulus policies, will have a positive impact on the overall market sentiment,” said Shen Meng, a director at boutique investment bank Chanson & Co.Chinese equities delivered a late-morning spike in a sign that traders were adding back bets on more forceful measures by authorities to prop up a slowing economy. The gains also came after a local media report that major cities including Shanghai and Beijing are launching a new round of voucher program to encourage local consumption before the holidays.All eyes are now on the ongoing annual Central Economic Work Conference, where more details may emerge about policymakers’ strongest pledge in years to revive growth via ramped-up monetary and fiscal easing.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":8,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142795350"}