Chinese stocks soared to their best week since 2008 following Beijing’s USD114 billion stimulus plan to bolster capital markets and stabilise the property sector. The CSI 300 index jumped 15.7% for the week, while Hong Kong’s Hang Seng index saw its largest weekly gain since 1998. The package, including lending support for stock buybacks, aims to restore market confidence and hit China’s 5% growth target. The rally also boosted European equities and industrial metals prices. Despite the optimism, experts warn that sustaining momentum will depend on improving weak consumer sentiment.