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Market
Will the Hang Seng Index be above 25000 points by December 31, 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Closing value of the Hang Seng Index as reported by major financial news outlets
Story
Chinese and Hong Kong Stocks Post Best Week Since 2008 on Beijing's Stimulus
Sep 27, 2024, 08:47 AM
Chinese and Hong Kong stocks have experienced their best week since 2008 and 1998, respectively, driven by a massive stimulus package from Beijing. The CSI 300 index rallied over 15%, while the Hang Seng Index also saw significant gains. This surge follows the Chinese Politburo's vows and aggressive economic measures ahead of the Golden Week holidays, marking the best performance since the global financial crisis and the most aggressive stimulus since the pandemic.
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Similar markets
Yes • 50%
No • 50%
Below 24,000 • 25%
24,000 to 26,000 • 25%
26,001 to 28,000 • 25%
Above 28,000 • 25%
Less than 2% • 25%
2% to 5% • 25%
5% to 8% • 25%
More than 8% • 25%
Below 5000 • 25%
5000-6000 • 25%
6001-7000 • 25%
Above 7000 • 25%
