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Top related persons:
— - 3 Yingrui Wang - 3 Goldman Sachs - 2 Wang - 2 Wall - 1 haven't - 1
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China Beijing China's Hong Kong Shanghai Shenzhen Europe
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Service - 3 AXA Investment - 3 CSI - 2 Business - 2 Ministry of Housing - 1 Ministry - 1 BCA Research - 1 Tencent Holdings - 1

Search resuls for: "Yingrui Wang"


3 mentions found


☆ China's attempts to save its flailing housing market haven't boosted confidence among top Wall Street analysts
  + stars: | 2024-10-20 | by ( Kelly Cloonan | ) www.businessinsider.com   time to read: +5 min
On Thursday, China unveiled new measures to prop up its struggling property market. AdvertisementChina officials have directed a wave of stimulus measures at the country's beleaguered property market, but the effort hasn't done much to impress Wall Street experts. On Thursday, China unveiled new measures to prop up its flailing housing market, including quicker access to credit for developers and renovations in run-down urban areas. "While a step in the right direction, these stimulus measures are so far falling short of the scope and scale needed to reflate the Chinese economy. But Yingrui Wang, China economist at AXA Investment Managers, says that optimism could be short-lived as the housing stimulus lacks detail.
Persons: —, Wall, Goldman Sachs, haven't, Yingrui Wang, Wang Organizations: Service, Ministry of Housing, Ministry, BCA Research, AXA Investment, CSI Locations: China, Beijing, China's
☆ China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
  + stars: | 2024-09-24 | by ( Kelly Cloonan | ) www.businessinsider.com   time to read: +3 min
The boost comes shortly after China introduced a swath of new stimulus measures to prop up its sluggish economy and boost domestic demand. AdvertisementThe new stimulus measures also boosted China's CSI 300 of Shanghai- and Shenzhen-listed shares, with the index closing 4.3% higher on Tuesday in its best day in four years. And the Stoxx Europe 600 index climbed as much as 0.9%, led by luxury stocks amid hopes that sluggish Chinese consumer spending will rebound. Yet, some analysts remain wary that China's stimulus measures won't have drastic enough impacts to actually rescue the country from its economic woes. AdvertisementIn recent months, China's economy has struggled to escape weak consumer sentiment and continues to face a struggling property sector.
Persons: —, Yingrui Wang, Goldman Sachs Organizations: Service, Tencent Holdings, Alibaba, Holding, Business, CSI, US Federal Reserve, AXA Investment Locations: Hong Kong, China, Shanghai, Shenzhen, Europe
☆ 'Time is running out' for China to hit its growth targets, economist says
  + stars: | 2024-09-16 | by ( Kelly Cloonan | ) www.businessinsider.com   time to read: +1 min
With no strong growth stimulus, it's unlikely China reaches its 5% GDP target, economist Yingrui Wang says. Wang warns that China could slip into a "yawning demand-deficient deflation trap" going into 2025. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWith new weak economic data and no clear sign of a stronger growth stimulus, China most likely won't reach its growth targets by year-end, AXA Investment Managers economist Yingrui Wang says. "Time is running out for China this year to achieve its growth targets, but also to avoid a more protracted slowdown," Wang wrote in a Monday note.
Persons: Yingrui Wang, Wang, — Organizations: Service, AXA Investment, Business Locations: China
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