China Stocks Rise 1.9% as Fiscal Support Hinted. CSI 300 Index Surges 25% Since September Low.

Benzinga
Benzinga
  • 9 hours ago
Chinese stocks rebounded Monday, with the CSI 300 Index climbing 1.9% after Finance Minister Lan Fo’an hinted at increased fiscal support during a briefing. The index has risen 25% from its September low, with property stocks surging above 4%. Goldman Sachs upgraded its forecast for China’s economic growth in 2024 and 2025, noting a shift in policy focus toward expansion. Weak trade and price data highlight ongoing economic challenges.

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00:00It's Benzinga and here's what's on the block.
00:03Chinese stocks rebounded Monday with the CSI 300 index climbing 1.9% after Finance Minister
00:08Lan Fong hinted at increased fiscal support during a briefing.
00:13The index has now risen 25% from its September low, with property stocks surging above 4%.
00:18Goldman Sachs upgraded its forecast for China's economic growth in 2024 and 2025, noting a
00:24shift in policy focus toward expansion.
00:27Weak trade and price data highlight ongoing economic challenges.
00:30For all things money, visit Benzinga.com.

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