China's scorching rally takes a breather to wait on stimulus

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China's scorching rally takes a breather to wait on stimulus
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Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic recovery, while broader markets ...

Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6% as Hong Kong shares rebounded about 2% after notching their heaviest fall since 2008 the day before. "Fact is, it is not the NDRC's place to provide details on fiscal stimulus further monetary policy push." Treasuries steadied overnight following recent selling, leaving U.S. two-year yields at 3.96% and 10-year yields at 4.01%.

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