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China Stock Rally Cools, Samsung Apology | Bloomberg The Pulse 10/08/24
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October 8, 2024
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42:02Now PlayingEuropean stocks dropped in early Tuesday session, tracking an overnight tech-led decline on Wall Street, as China’s pledge to support its economy disappointed investors hoping for new stimulus. A gauge of Chinese stocks in Hong Kong tumbled the most intraday since 2008. In corporate news, Samsung issued an apology to investors for disappointing results, admitting that the once-dominant memory chip giant is grappling with a potential crisis after losing its way.
Today's guests: Patrick Armstrong, Plurimi Wealth CIO; Phoenix Kalen, Societe Generale
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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