Stock Track | Sunac Soars on Hopes of China Policy Easing After Fed Rate Cut

Stock Track

Sep 19, 2024

Sunac China Holdings Ltd. saw its stock price surge 9.78% on September 19, riding the wave of optimism surrounding potential policy easing measures from the Chinese government in the wake of the Federal Reserve's interest rate cut.

Chinese property stocks rallied sharply on Thursday, with the Hang Seng Mainland Properties Index, which tracks Chinese property developers listed in Hong Kong, climbing 5.1%. This came after the Federal Reserve announced a half-percentage-point rate cut overnight, providing the People's Bank of China with more flexibility to cut rates without excessively impacting yuan stability.

Investors are now eagerly anticipating the PBOC's announcement of lower loan prime rates on September 20. A potential domestic mortgage rate cut could provide a much-needed boost to the recovery of home transaction volume in China, which has been weighed down by subdued consumer sentiment and weakening confidence in the economy.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1195272223"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1195272223\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1195272223?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-19 10:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195272223","market":"hk","top_or_hot":-1,"title":"Stock Track | Sunac Soars on Hopes of China Policy Easing After Fed Rate Cut","media":"Stock Track","content":"<p>Sunac China Holdings Ltd. saw its stock price surge 9.78% on September 19, riding the wave of optimism surrounding potential policy easing measures from the Chinese government in the wake of the Federal Reserve's interest rate cut.</p>\n\n<p>Chinese property stocks rallied sharply on Thursday, with the Hang Seng Mainland Properties Index, which tracks Chinese property developers listed in Hong Kong, climbing 5.1%. This came after the Federal Reserve announced a half-percentage-point rate cut overnight, providing the People's Bank of China with more flexibility to cut rates without excessively impacting yuan stability.</p>\n\n<p>Investors are now eagerly anticipating the PBOC's announcement of lower loan prime rates on September 20. A potential domestic mortgage rate cut could provide a much-needed boost to the recovery of home transaction volume in China, which has been weighed down by subdued consumer sentiment and weakening confidence in the economy.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Sunac Soars on Hopes of China Policy Easing After Fed Rate Cut</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Sunac Soars on Hopes of China Policy Easing After Fed Rate Cut\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-09-19 10:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sunac China Holdings Ltd. saw its stock price surge 9.78% on September 19, riding the wave of optimism surrounding potential policy easing measures from the Chinese government in the wake of the Federal Reserve's interest rate cut.</p>\n\n<p>Chinese property stocks rallied sharply on Thursday, with the Hang Seng Mainland Properties Index, which tracks Chinese property developers listed in Hong Kong, climbing 5.1%. This came after the Federal Reserve announced a half-percentage-point rate cut overnight, providing the People's Bank of China with more flexibility to cut rates without excessively impacting yuan stability.</p>\n\n<p>Investors are now eagerly anticipating the PBOC's announcement of lower loan prime rates on September 20. A potential domestic mortgage rate cut could provide a much-needed boost to the recovery of home transaction volume in China, which has been weighed down by subdued consumer sentiment and weakening confidence in the economy.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01918","symbol_name":"融创中国","start_time":0,"source_url":"","article_id":"1195272223","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195272223","pubTimestamp":1726714616,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Sunac China Holdings Ltd. saw its stock price surge 9.78% on September 19, riding the wave of optimism surrounding potential policy easing measures from the Chinese government in the wake of the Federal Reserve's interest rate cut.Chinese property stocks rallied sharply on Thursday, with the Hang Seng Mainland Properties Index, which tracks Chinese property developers listed in Hong Kong, climbing 5.1%. This came after the Federal Reserve announced a half-percentage-point rate cut overnight, pro","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01918":"融创中国"},"translate_title":"股票赛道融创因美联储降息后中国政策宽松的希望而飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01918":1},"content_text":"Sunac China Holdings Ltd. saw its stock price surge 9.78% on September 19, riding the wave of optimism surrounding potential policy easing measures from the Chinese government in the wake of the Federal Reserve's interest rate cut.\nChinese property stocks rallied sharply on Thursday, with the Hang Seng Mainland Properties Index, which tracks Chinese property developers listed in Hong Kong, climbing 5.1%. This came after the Federal Reserve announced a half-percentage-point rate cut overnight, providing the People's Bank of China with more flexibility to cut rates without excessively impacting yuan stability.\nInvestors are now eagerly anticipating the PBOC's announcement of lower loan prime rates on September 20. A potential domestic mortgage rate cut could provide a much-needed boost to the recovery of home transaction volume in China, which has been weighed down by subdued consumer sentiment and weakening confidence in the economy.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}