Man Group, Abrdn Count on China Stimulus to Revive Bull Run [Yahoo! Finance]
HANG SENG BANK LTD S/ADR (HSNGY)
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Source: Yahoo! Finance
Most Read from Bloomberg NYC's Underground Steam System May Be Key to a Greener Future NYC Gets Historic Push for 80,000 Homes With $5 Billion Pledge Trump Promises Could Have Seismic Impact on Washington Economy In Kansas City, a First-Ever Stadium Designed for Women's Sports Takes the Field NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes Man Group and abrdn Plc are among those remaining bullish, counting on Beijing to deliver greater stimulus to offset the US president-elect's tariff threats. The policy focus for 2025 will likely be on boosting consumption, they say, opening up pockets of investment opportunities even as the specter of a trade war pressures export-reliant firms. The euphoria that followed China's monetary stimulus barrage in late September has now given way to caution. Yet investors sense a clear policy pivot by President Xi Jinping toward stabilizing the economy after a multi-year deleveraging campaign, a shift that bodes well for
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