People walk in front of the large screen showing the latest stock exchange data in Shanghai on August 22. Photo: EPA-EFE
People walk in front of the large screen showing the latest stock exchange data in Shanghai on August 22. Photo: EPA-EFE

JD.com, Alibaba, CNOOC power best stock rally since April as China dangles fresh stimulus, US delisting speculation returns

  • China’s State Council on Wednesday unveiled a slew of policy measures to boost infrastructure spending to strengthen recovery
  • China Tourism Group Duty Free failed to gain any upside in its trading debut, after completing a US$2.1 billion IPO this week

People walk in front of the large screen showing the latest stock exchange data in Shanghai on August 22. Photo: EPA-EFE
People walk in front of the large screen showing the latest stock exchange data in Shanghai on August 22. Photo: EPA-EFE
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