Chinese stocks book record week

Source: Dukascopy Bank SA


The Chinese stock index has surged due to the Chinese government announcing a big stimulus package. The top 50 Chinese stock index has surged almost 20.00% during a week. This is the largest gain since 2008.

However, the gains have resulted in the pair recovery to high levels that have not been seen since 2023. The stimulus is not resulting in new high levels, as the indices high level is located above the 20,000.00 mark.
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