China's stock market surges to two-year highs as government stimulus boosts investor confidence.

China's stock market is experiencing a surge due to government stimulus pledges, leading to a significant rally in Hong Kong and mainland stocks, reaching two-year highs. Household savings are flowing into the market, with margin financing hitting a nine-year high of $256 billion. This resilience and shift towards internal economic resources are attracting both foreign and domestic investors, despite US trade tensions.

November 20, 2024
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