China Stocks' Best Trading Day Since 2008, Israel Hits Central Beirut | The Opening Trade 09/30

Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back China. Israel bombed the center of Beirut for the first time in almost a year of hostilities with Lebanon’s Hezbollah. Volkswagen’s second profit warning in three months signals Europe’s biggest automaker is in decline. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Kriti Gupta.

Chapters:
00:00:00 - Intro
00:01:01 - The Agenda: CSI 300 Gains Surge, Israel Strikes Central Beirut, Stellantis Cuts Outlook
00:16:13 - French Government Weighs New Taxes on Large Firms: Le Monde
00:23:49 - Enodo Economics' Choyleva on Chinese Market Sentiment
00:36:33 - Stocks to Watch: RightMove, German Auto Stocks
00:45:53 - European Market Open
01:00:25 - Volkswagen Issues Another Profit Warning
01:11:57 - South Africa's Deputa Prime Minister on ICJ Case Against Israel
01:24:14 - Lebanon Prime Minister Say One Million People Displace
01:33:02 - China Real Estate Soars on Stimulus
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[madsam]

Property bust= good for home buyers
Deflationary threats = good for consumers
Long term demographic problems = more opportunities for new jobseekers
China productivity is still rising, every cloud has a silver lining.

[EatMyOats]

FED Reserve abandoned "data Driven" goes for very Inflationary Quantitative Easing 😮. Fresh QE drives stocks.

[minchen]

190 countries passport holders is pissed off? Yes hk Chinese with minimal experience in a desk job

[ArabicReja]

China's 🇨🇳 barrage of stimulus this week only helps short-term goals.
It won't solve China's structural issues like:
- property bust,
- deflation threat, or
- long-term demographic problem.