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Stock impact report

China Stocks Are Handily Beating U.S. Since Coronavirus Outbreak. Here’s Why [Yahoo! Finance News]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Bloomberg) -- While U.S. investors are grappling with a violent sell-off as the coronavirus spreads, their Chinese counterparts at the heart of the outbreak are back to making decent money again. China’s swift and strict measures to contain the virus, optimism over fiscal and monetary stimulus, and relatively reasonable valuations are among the key reasons for the recent relative rebound, according to market participants. Perhaps more importantly, China investors have already gone through the panic stage that their U.S. counterparts are experiencing now, they said. A gauge of Chinese stocks in Shanghai and Shenzhen just posted its best week in a year -- a 5% gain -- after touching a two-year high on Thursday. Meanwhile, the Index has fallen more than 12% from the record it reached last month, with volatility surging. “It is interesting that China has started to outperform world equities since the start of February as confidence grows that it has passed the worst in terms of the virus Show less Read more
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