China’s stock valuations are ‘way too low,’ strategist says —...
China has set a GDP target of around 5% for yet another year, amid analyst concerns of insufficient policy support to reach the goal.Bloomberg | Bloomberg | Getty ImagesValuations of Chinese stocks are "way too low" and investors should be looking to cautiously re-enter the...
Jefferies analyst challenges Trump’s claim that Meta’s Facebook is ‘enemy of...
One of Wall Street's biggest bulls on Meta Platforms thinks its business could easily grow during a Trump presidency. Jefferies' Brent Thill sees Facebook as vital — despite President Donald Trump calling it an "enemy of the people" on CNBC's "Squawk Box " on Monday. "I don't...
China says it plans to boost these industries. Stocks to play the trend
China may not have announced bazooka-like stimulus at its annual parliamentary meeting this past week, but it made clear which sectors it will support. Beijing announced a GDP growth target of around 5% and an official fiscal deficit of 3%, matching last year's goals....
China’s housing minister says real estate developers must go bankrupt if...
China's real estate sector has employed many construction workers, who typically live in temporary housing nearby.Bloomberg | Bloomberg | Getty ImagesBEIJING — China's struggling real estate developers won't be getting a major bailout, Chinese authorities have indicated, warning...
China’s annual parliamentary meeting has ended. Here are the key takeaways
A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023.Edgar Su | ReutersBEIJING — China's weeklong annual...