**China's Stimulus Measures Ignite Market Activity**
China has recently introduced a series of stimulus measures aimed at revitalizing its sluggish economy, causing significant shifts in stock prices and home sales. The equity market has surged over 25% since the announcement, with the CSI 300 Index reaching new highs. However, analysts caution that the long-term sustainability of this rally depends on the effectiveness of the stimulus.
In the housing sector, lowered mortgage rates and down payments have led to a surge in home sales, particularly in over 50 cities. Despite these gains, the market still faces challenges such as oversupply, requiring further government intervention.
The coming months will be crucial in determining whether these measures will have a lasting impact on China's economy. Investors remain optimistic yet cautious, awaiting further fiscal support from Beijing.