by CNN | Jan 23, 2024 | AlphaTack Intel
Hong KongCNN — Chinese shares haven’t just had a bad start to 2024. It’s been rough going since February 2021, when they hit their most recent peak. Over the past three years, about $6 trillion — equivalent to roughly twice Britain’s annual economic output — has been...
by Reventure Consulting | Jan 23, 2024 | AlphaTack Intel, Intel Videos
White Collar and Blue Collar JOB Stats Support Major Economic Contraction Coming Source: Reventure...
by Bloomberg.com | Jan 23, 2024 | AlphaTack Intel
Key measure of organic sales falls short of estimates Slow rebound in China is hurting P&G’s beauty business Procter & Gamble Co., the maker of Bounty paper towels and Downy fabric softener, reported quarterly sales that fell short of estimates as consumers...
by Bloomberg.com | Jan 23, 2024 | AlphaTack Intel
China considers offshore money for stabilization fund: sources Some policy measures could come as soon as this week Chinese authorities are considering a package of measures to stabilize the slumping stock market, according to people familiar with the matter, after...
by Bloomberg.com | Jan 22, 2024 | AlphaTack Intel
Chinese equities are lacking catalysts, says Foundation Asset MSCI China Index is 60% cheaper than the US equity benchmark The value of China’s stock market has never been this far behind that of the US, as the losses continue to pile up in a seemingly relentless...
by Bloomberg.com | Jan 22, 2024 | AlphaTack Intel
Benchmark CSI 300 closed at a five-year low on Monday Cabinet was briefed on market situation and considerations China’s Premier Li Qiang asked authorities to take more “forceful” measures to stabilize his country’s slumping stock market and investor confidence, after...
