Singapore-listed China companies soar following stimulus

Quick Summary:

Stocks like Yanlord Land have risen by almost 60 per cent in the last week.

In Singapore, the FTSE ST China Index is up about 10 per cent over the past five trading sessions, outpacing most regional markets and Singapore sectors.

Similarly Sasseur Reit, which has risen about 6 per cent in recent days, is seen as benefitting from a recovery in domestic consumer spending, especially through this Golden Week.

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Article Details

Category: EconomyBusiness

Markets: SingaporeChinaHong Kong

Topics: Share Hong Recent China Markets Asia Week Yanlord Cent Singapore Stimulus

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 09:00:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 834 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 22855071

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About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

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Publisher ID: #25

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