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China, Hong Kong stocks jump as Beijing plans to boost liquidity in troubled property sector - TL;DR CNBC

China, Hong Kong stocks jump as Beijing plans to boost liquidity in troubled property sector

Publishing timestamp: 2024-01-25 03:25:50


Summary

The article discusses the gains in China and Hong Kong stocks following the People's Bank of China's announcement of reserve requirement cuts. Property stocks also saw a jump due to increased liquidity. The article also mentions the decline in shares of EV makers and Tesla suppliers after Tesla's disappointing results. It provides updates on the performance of various Asian markets and highlights the positive outlook for the healthcare sector. Additionally, it mentions Berkshire Hathaway's record-high shares and the rise in U.S. crude oil prices.


Sentiment: MIXED

Tickers: .N225.AXJO9866-HKBRK.A6752.T-JP.SSEC.KS11MMM.DJI2015-HKJPY=.SPXTSLA.DXY@LCO.1.SZI9868-HKBRK.BAUD=.IXICVZ.HSI@CL.1

Keywords: s&p/asx 200breaking news: asiausd/jpyworld marketskospi indexs&p 500 indexmarketsnasdaq compositetesla incaustraliahang seng indexpricesaustralian dollar/us dollar fx spot rateice brent crude (apr'23)asia economybreaking news: marketsshenzhen component indexdow jones industrial averagenikkei 225 indexdxy us dollar currency indexwti crude (mar'23)economic eventsbusiness newsshanghai

Source: https://www.cnbc.com/2024/01/25/asia-markets.html


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