China stocks decline amid economic recovery disappointment, while other markets in Asia rise ...Middle East

HONG KONG (AP) — Shares in China slumped on Wednesday as details of economic stimulus plans from officials in Beijing failed to live up to investors’ expectations, while other markets in Asia rose. Stocks in Hong Kong fluctuated between gains and losses, with the Hang Seng Index falling by 2.4% to 20,418.61. This decline followed a plunge of over 9% on Tuesday as traders sold off shares after recent rallies. “A lack of new stimulus has been the cause of disappointment, with many market participants hoping that its fiscal policies will follow in the footstep of the financial ‘bazooka’ delivered in late-September, but there was clearly a step-down in yesterday’s announcement,” Yeap Jun Rong of

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