China stock market stalls for lack of further stimulus measures — taiwansnews.net latest rss headlines

TAIPEI, Taiwan – China’s stock rally resumed Tuesday after the weeklong National Day holiday but lost some steam on mainland markets after a press conference by the country’s economic planning agency disappointed hopes for more fiscal stimulus measures.In Hong Kong, the day ended with chunky losses of nearly 10%.Early in the day, the Shanghai Composite Index rose more than 10%, the Shenzhen Component Inde

TAIPEI, Taiwan – China’s stock rally resumed Tuesday after the weeklong National Day holiday but lost some steam on mainland markets after a press conference by the country’s economic planning agency disappointed hopes for more fiscal stimulus measures.

In Hong Kong, the day ended with chunky losses of nearly 10%.

Early in the day, the Shanghai Composite Index rose more than 10%, the Shenzhen Component Inde

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