China's Economy & Stimulus
Chinese growth scares (property crisis, weak data) and the stimulus packages that follow: Chinese equities, industrial metals and exporters swing on both.
Dated events
- · China's central bank devalues the yuan 1.9% in a surprise fixing change
China's government unexpectedly weakened its currency to help exporters, shocking global markets. Chinese stock prices fell sharply and stayed unstable for weeks as investors worried about the health of China's economy. - · Shanghai stocks close below 2,500 at a four-year low amid US-China trade war
As the U.S. and China imposed tariffs on each other's goods, Chinese company shares dropped to their lowest level since 2014. Metal prices also fell as people feared less demand from China's slowing factories. - · China's central bank cuts bank reserve requirements, freeing 550B yuan
As COVID-19 spread globally, China's central bank injected money into its financial system to support banks and businesses. It was meant to help steady Chinese stocks and commodity prices after weeks of sharp declines worldwide. - · Evergrande default fears spread; Hong Kong property index falls 6.6%
China Evergrande, one of the country's largest property developers, faced a severe debt crisis, raising fears about the entire property sector. Chinese stocks and metal prices fell as investors worried about the ripple effects on banks and the broader economy. - · China's State Council unveils 19-point plan with over 1 trillion yuan in support
China released disappointing economic numbers showing slower growth, prompting the government to announce support measures for the property market and infrastructure. Chinese stocks and commodity prices moved higher on hopes the stimulus would revive demand.
Assets named in this scenario · 45
AdvantestAgricultural Bank of China LimitedAgricultural Bank of China LimitedAlibaba Group (ADR)Alibaba Group Holding LimitedAnglo AmericanASMLBaidu (ADR)Bank of China LimitedBank of China LimitedBASFBMWChina Construction Bank CorporationChina Construction Bank CorporationChina Mobile LimitedChina Mobile LimitedChinese Yuan (CNY)CNOOC LimitedContemporary Amperex Technology Co., LimitedContemporary Amperex Technology Co., LimitedCopper · Copper FuturesCXMT CorporationGlencoreHermèsHSBC Holdings plcIndustrial and Commercial Bank of China LimitedIndustrial and Commercial Bank of China LimitedInfineoniShares MSCI China ETFiShares MSCI Emerging Markets ETFJD.com (ADR)KeringKraneShares CSI China Internet ETFKweichow Moutai Co., Ltd.LVMH Moët Hennessy - Louis Vuitton, Société EuropéenneMercedes-Benz GroupPDD Holdings (ADR)PetroChina Company LimitedPetroChina Company LimitedProsus N.V.RichemontRio TintoTencent Holdings LimitedTokyo Electron LimitedVolkswagen
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Matched keywords: china stimulus, china gdp, china property crisis, evergrande, china slowdown, pboc rate cut, china exports, çin ekonomisi, çin teşvik
