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Kinas centralbank
Upwards on Asian Exchanges – Significant Gains in Hong Kong
It was upwards for leading stock exchange indexes in Asia after a few hours of trading, in Hong Kong significantly upwards. This followed news from China's central bank of equivalent to 71 billion dollars in stimulus packages that will be available for investors to use for stock purchases.
Ongoing Economic Downturn in China
The Chinese manufacturing industry continued to slow down in September, according to a purchasing managers' index. An index of just under 50 indicates decreased activity.
Historic Stock Market Week in Asia
China's central bank announced on Friday that it is implementing the economic stimulus measures it flagged earlier in the week. Signals from the country's central bank have boosted Asian stock markets sharply during the week.
Luxury companies are booming after China's stimulus measures
This week, China's central bank announced a range of stimuli to boost the country's economy. This has caused luxury companies to surge on the stock exchange.
China Launches Massive Stimulus Package
China's central bank has launched a battery of stimulus measures during the night to Tuesday. The measures aim to get the Chinese economy going, so that the target of 5 percent growth can be achieved.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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