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Top related persons:
Jeff deGraaf - 1 — - 1 deGraaf - 1 Beijing didn't - 1 Mario Draghi - 1 Michael Hartnett - 1 Yuan Wei - 1 Yuan - 1
Top related locs:
— Beijing China Wall Shenzhen Hong Kong
Top related orgs:
Service - 1 Macro - 1 CSI - 1 Bloomberg - 1 Beijing - 1 Investors - 1 Bank of America - 1 Investment Fund Management Co - 1

Search resuls for: "Yuan Wei"


5 mentions found


☆ Why Chinese stocks will climb another 50% from current levels, research CEO says
  + stars: | 2024-10-11 | by ( Jennifer Sor | ) www.businessinsider.com   time to read: +4 min
Chinese stocks are poised for a huge run-up in the next year, according to Renaissance Macro's Jeff deGraaf. Other notable investors have been looking to buy the dip in Chinese stocks amid continued stimulus efforts. Other traders on Wall Street have shown interest in buying the dip in Chinese equities, despite fear that Beijing's economic slowdown could stick around. Other strategists on Wall Street have made bullish calls on Chinese equities in recent weeks, with eyes on continued stimulus measures in Beijing. Goldman Sachs predicted China's stock market could rally another 20%, thanks to "more substantial policy measures" and Chinese stocks being oversold, strategists said in a note.
Persons: Jeff deGraaf, —, deGraaf, Beijing didn't, Mario Draghi, Michael Hartnett, Yuan Wei, Yuan, Goldman Sachs Organizations: Service, Macro, CSI, Bloomberg, Beijing, Investors, Bank of America, Investment Fund Management Co Locations: —, Beijing, China, Wall, Shenzhen, Hong Kong
☆ Chinese leader Xi Jinping's power grab fueled a $6 trillion stock selloff and the yuan's decline. These 4 charts capture the market meltdown.
  + stars: | 2022-10-30 | by ( George Glover | ) www.businessinsider.com   time to read: +5 min
China's President Xi Jinping has tightened his grip on power — and that has rocked markets. Investors dumped Chinese stocks in a $6 trillion blowout as Xi shut reformers out of decision making. Spooked investors dumped Chinese stocks in a $6 trillion blowout Monday, according to Bloomberg data. Under Xi, the People's Bank of China has tended to favor softer yuan fixes, allowing the currency to depreciate. Alibaba, the largest US-listed Chinese stock by market value, fell 12% Monday, and about 46% this year so far.
☆ Wall Street ends sharply higher, dollar dips on UK U-turn, strong earnings
  + stars: | 2022-10-17 | by ( Stephen Culp | ) www.reuters.com   time to read: +4 min
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. All three major U.S. stock indexes rallied to end the session 1.9% to 3.4% higher while and the dollar lost ground against a basket of world currencies. "The catalysts that have triggered in the markets year-to-date are well-known," said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. The pan-European STOXX 600 index (.STOXX) rose 1.83% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 2.09%. Emerging market stocks rose 0.32%.
☆ U.S. stocks surge, dollar dips on solid earnings, UK policy U-turn
  + stars: | 2022-10-17 | by ( Stephen Culp | ) www.reuters.com   time to read: +4 min
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. A broad-based rally sent all three major U.S. stock indexes sharply higher, while Treasury yields eased and the dollar lost ground. European stocks closed sharply higher on the UK's financial policy reversal. Emerging market stocks rose 0.37%. The euro and sterling gained strength following Hunt's announced policy reversal, causing the greenback to lose ground against a basket of major world currencies.
☆ Wall Street rallies, dollar dips on solid earnings, UK policy U-turn
  + stars: | 2022-10-17 | by ( Stephen Culp | ) www.reuters.com   time to read: +3 min
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. "More and more economists are embracing recession," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. "Usually when the market has discounted everything - and I believe it has - usually (the last months of the year) are positive for the stock market." Emerging market stocks rose 0.42%. Treasury prices rose, tracking similar moves in the UK bond market, pushing benchmark Treasury yields lower for the first time in three days.
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