This is a Beijing news story, published by CNBC, that relates primarily to Gary Ng news.
For more Beijing news, you can click here:
more Beijing newsFor more Gary Ng news, you can click here:
more Gary Ng newsFor more Asia business & economics news, you can click here:
more Asia business & economics newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about Asia business & economics, you might also like this article about
economic stimulus measures. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest stimulus policies news, Chinese investors news, news about Asia business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
China Market Research GroupCNBC
•
86% Informative
Chinese investors are looking for more policy direction from China 's top economic planning body on Tuesday .
The room for the market to continue rallying is "narrowing," said Gary Ng , senior economist at Natixis, "it now depends on real improvements in the economy to justify the valuations" Chinese major indexes have surged over 25% as investors cheer on the barrage of stimulus measures.
UBS penciled in a more modest fiscal package in the range of 1.5 trillion to 2 trillion yuan this year , with further follow-up of 2 trillion to 3 trillion yuan in 2025 , according to FactSet . The upside to the market could be significant if Beijing presses forward with anticipated fiscal support. Citibank raised its forecast for Hong Kong's Hang Seng Index, saying it could now reach 26,000 by June 2025 . It expects Beijing 's economic stimulus measures could exceed market expectations with a 3-trillion-yuan consumption support package to come soon..
VR Score
93
Informative language
97
Neutral language
57
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links