Chinese Stocks Rise on Stimulus Measures - To The Moon

Chinese Stocks Rise on Stimulus Measures

Chinese stocks of major companies, including Alibaba, NIO, JD.com, and Baidu, are experiencing gains due to a combination of easing monetary policy and fiscal support. The People's Bank of China has lowered the reserve requirement ratio for banks and cut the interest rate on seven-day reverse repurchase agreements. These measures, along with pledges from China's Politburo to step up fiscal support and stabilize the property sector, are expected to support aggregate demand. Hong Kong's Hang Seng Index and Ch

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- Shernice軒嬣 2000Shernice軒嬣 2000
  ·10-02
  Goldman Sachs Forecasts Major Valuation Upside for China’s E-Commerce Giants
  $Alibaba(BABA)$ $JD.com(JD)$ BABA, JD, PDD, Meituan’s, Tencent. Written by Shanice, if you like this artle please press the like button. On September 30th, Goldman Sachs released a report highlighting that the e-commerce sector in China is poised for significant valuation reassessment. This comes as the government implements strong growth-promoting policies and the market environment gradually normalizes. The report states that the market share of major e-commerce platforms is stabilizing, making the sector one of the most critical for revaluation within China's internet landscape. Goldman has elevated e-commerce to one of the top t
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  Goldman Sachs Forecasts Major Valuation Upside for China’s E-Commerce Giants
- Shernice軒嬣 2000Shernice軒嬣 2000
  ·10-02
  Goldman Sachs Forecasts Major Valuation Upside for China’s E-Commerce Giants
  $Alibaba(BABA)$ $JD.com(JD)$ BABA, JD, PDD, Meituan’s, Tencent. Written by Shanice, if you like this artle please press the like button. On September 30th, Goldman Sachs released a report highlighting that the e-commerce sector in China is poised for significant valuation reassessment. This comes as the government implements strong growth-promoting policies and the market environment gradually normalizes. The report states that the market share of major e-commerce platforms is stabilizing, making the sector one of the most critical for revaluation within China's internet landscape. Goldman has elevated e-commerce to one of the top t
  626 Comment
  14
  Share
  Report
  Goldman Sachs Forecasts Major Valuation Upside for China’s E-Commerce Giants

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