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Dubai's debt problems may be sending world markets sliding, but the tumble in stocks in Shanghai and Hong Kong is not expected to extend into this week, according to financial analysts. |
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Chinese equities gained 1.88 percent Tuesday as investors bet that the central bank might cut interest rates, following the release of consumer and producer price figures for February. |
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China will expand the issuance of enterprise bonds to fund its massive stimulus projects, said Zhang Ping, minister of the National Development and Reform Commission (NDRC) Friday. |
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China Investment Corp (CIC), the nation's $200 billion sovereign wealth fund, will increase its investment in all classifications since the global financial crisis has caused many asset prices to drop. |
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Hong Kong stocks rebounded 349.47 points, or 3.08 percent on Tuesday after the market dived more than 4 percent on an unusual tumble of HSBC during a 10-minute close auction late day trading period. |