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02.11.26 - 03:24
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Chinese stocks rebound from worst sell-off in 10 years as state support speculation mounts (SCMP)
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China's stocks rebounded from a brutal sell-off in October on speculation that Beijing would double down on efforts to stem a rout that sent its benchmark into a bear market.
The CSI 300 Index rose 0.3 per cent to 3,997.76 as of 9.36am local time. The Star Market 50 Index, which is dominated by the nation's biggest chipmakers, gained 0.6 per cent.
Speculation was mounting that China would bolster a 300 billion yuan (US$45.1 billion) relending facility, introduced in 2024 as part of a package to......
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30.10.26 - 02:30
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China Stock Market Poised To Open In The Red (AFX)
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BEIJING (dpa-AFX) - The China stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had gained almost 40 points or 1.1 percent. The S......
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29.10.26 - 02:31
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Mild Upside Expected For China Stock Market (AFX)
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BEIJING (dpa-AFX) - The China stock market bounced higher again on Wednesday, one day after ending the two-day winning streak in which it had gained almost 40 points or 1.1 percent. The Shanghai C......
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28.10.26 - 18:03
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Chinese Humanoid Stocks Catch Bid As Unitree Pulls Forward Breakthrough Timeline, JPM Turns Uber Bullish (ZeroHedge)
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Chinese Humanoid Stocks Catch Bid As Unitree Pulls Forward Breakthrough Timeline, JPM Turns Uber Bullish
Yushu Technology Co., also known as Unitree, surged in its blockbuster IPO before tumbling from late August into early fall. The stock has soared since mid-October as Unitree's earnings come into focus and expectations build that breakthroughs will arrive sooner than previously anticipated.Unitree shares in China jumped nearly 9% on Wednesday, extending its gains to more than 70% over the past few weeks. A key catalyst behind the renewed buying spree was Unitree CEO Xingxing Wang's prediction that humanoid robot breakthroughs could arrive within two years, much quicker than the previous estimate of a decade. JPMorgan analyst Karen Li, the head of the bank's Hong Kong equity research and head of Asia infrastructure, industrials and transport research, wrote in her coverage note that her team double-upgraded the stock to overweight. Here is Li's reason behind the upgrade:Double...
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