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Stars Are Aligning For A Year-End Rally In China

politics

By John Cheng, Bloomberg Markets Live strategist and reporter After multiple false dawns, Chinese stock investors may now have enough reasons to look forward to a year-end rally. The MSCI ChinaIndexhas advanced nearly 4% in November after three straight months of declines. If history is a guide, that gain may well last into January, repeating a trend of positive returns posted by the gauge through the turn of the year since 2018. This seasonal support aside, improving earnings are also raising optimism. Chinese stocks have slumped steadily through the year, with several rounds of stimulus failing to erase investor pessimism.

ZeroHedge Opinion     Nov 24, 2023

A significant driver of top-line growth: Vodafone Group plc ADR (VOD) - SETE News

Vodafone Group plc ADR (NASDAQ: VOD) stock fell -0.85% on Tuesday to $9.33 against a previous-day closing price of $9.41. With 5.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.88 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $9.39 whereas the lowest price it dropped to was $9.28. The 52-week range on VOD shows that it touched its highest point at $12.52 and its lowest point at $8.93 during that stretch. It currently has a 1-year price target of $13.24.

setenews.com     Nov 22, 2023

Investment News: Autumn Statement Reveals Plan To Sell Govt ... - Forbes

The Forbes Advisor editorial team is independent and objective. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. This comes from two main sources.

Forbes     Nov 23, 2023

Five underperforming fund giants that have bounced back - Fund Selector Asia

The past three years has been a difficult environment for global equity funds, but these five giant global equity strategies have bounced back after two years of underperformance.

fundselectorasia.com     Nov 22, 2023

Black Friday Fever Hits Indian Shores: A Retail Revolution Unveiled - Indian Retailer

As the winter chill settles in, the vibrant streets of India are adorned with twinkling lights, and the air is thick with anticipation. It's not just the festive season that's stirring excitement; it's the approaching Black Friday Sale, a shopping phenomenon that has woven itself into the fabric of Indian retail. Behind the buzz and the bustling crowds lies a captivating story of technological evolution, shifting consumer mindsets, and innovative retail strategies.

indianretailer.com     Nov 24, 2023