Chinese Stocks Bounce Back as Traders Bet on Fresh Stimulus

(Bloomberg) -- Chinese stocks climbed for a second day, bucking a worldwide selloff, amid growing speculation that authorities will roll out stimulus to shield the economy from Donald Trump‘s tariffs.A closely watched gauge of Chinese stocks in Hong Kong ended 1.4% higher after sliding more than 4% earlier. The onshore CSI 300 Index closed up 1%.The moves came as investors shifted their attention to the likely response of Chinese authorities after US tariffs as high as 104% took effect Wednesday