China's Fiscal Stimulus: Investors Await Details Amid Market Fluctuations

China's announcement of financial stimulus plans fell short of investor expectations, lacking specific details on government spending. Despite initial market enthusiasm, concerns about the sufficiency of the policy support persist. Analysts await more concrete figures from China's parliament later this month.

China's announcement of financial stimulus plans on Saturday left investors wanting more, as details were sparse. Despite an initial boost to the stock market, questions remain about the scope of support needed to rejuvenate the economy.

Finance Minister Lan Foan's press conference reiterated broad plans to revive China's economy, but lacked specific figures. Investors expected detailed spending measures which were not provided, leaving markets jittery.

Market analysts and investors are now looking toward China's upcoming parliamentary session for concrete details. Many remain cautious about the government's ability to meet its 5% growth target amidst current challenges.

(With inputs from agencies.)