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China stock index posts biggest daily gain since 2008
PTVPhilippines
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9/30/2024
China stock index posts biggest daily gain since 2008
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Transcript
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00:00
Chinese stocks saw their biggest gain in 16 years as A shares hit record turnover, driven
00:06
by Beijing's latest stimulus measures.
00:09
The CSI 300 blue chip index has risen nearly 30 percent since its February low, suggesting
00:16
a bull market although much of the increase happened quickly over a few sessions last
00:21
week.
00:22
Many traders eager not to miss the rally before a week-long holiday starting Tuesday helped
00:29
lift the CSI 300 index by 8.5 percent at the close, resulting in a five-day gain of
00:35
over 25 percent, the highest on record.
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