Comment on China markets surge on reopening as pent-up investors return from vacation

China markets surge on reopening as pent-up investors return from vacation

China's stock markets continued their bull run after a weeklong National Day break.Zhang Peng/LightRocket/Getty ImagesChina's stock markets surged post-National Day break, driven by pent-up investor demand.Beijing's aggressive stimulus measures have bolstered market sentiment, despite economic challenges.Investors are assessing further economic stimulus measures from Beijing.China's stock markets surged on Tuesday on pent-up demand from a weeklong trading break.The mainland's benchmark CSI 300 index opened nearly 11% higher, but pared gains to trade about 7% higher an hour after the opening bell.Benchmark indices on the Shanghai and Shenzhen markets were also sharply higher.Sentiment in China's stock markets — which entered 2024 in meltdown mode — has been massively bolstered by Beijing's September 24 announcement of aggressive stimulus to support its flagging economy.

 

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