China’s Yuan rises as investors await key economic data

The year-on-year growth rate of total retail sales of consumer goods in China is expected to surpass 3.1 percent in April, according to experts cited by Securities Daily. The action plan initiated in March to promote

Mainland China and Hong Kong shares saw an uptick on Monday, primarily due to a rise in gold stocks and positive reactions from investors towards Beijing’s new measures aimed at rescuing the struggling property sector. Key

Recent reports indicate a growing optimism among foreign investors towards the Chinese market. For instance, the number of new foreign-invested firms established in China surged by 74.4% year-on-year in January 2024, reflecting a strong confidence in

China’s economy made a stronger-than-expected start to the year, even as the crisis in its property sector deepened. According to official data, gross domestic product (GDP) expanded by 5.3% in the first three months of 2024,

China’s economy is poised for a steady rebound throughout this year, underpinned by consumption-led recovery, a robust foundation laid in the first quarter and the gradual stabilization of the property sector, experts said. While the broader

Hong Kong stocks rise further on Friday, as market sentiment continued to improve, buoyed by China’s stepped-up efforts to boost the economy. The Hang Seng Index climbed 1.1% by midday, on track for a ninth consecutive

Asian shares kicked off the week with a rally with investors optimistic ahead of another week of US rates speculation, while a policy boost for China’s ailing property market lifted the mood too. Mainland China and

Hong Kong and Chinese stocks continued to rise on Friday, with the Hang Seng Index on track for its strongest week in a year and a half. Investor confidence improved as experts from international investment firms revised their

China stocks are now nicely recovering and we can see HSI Hang Seng Index waking up from strong support after potentially completed complex W-X-Y corrective decline within higher degree wave as shared at the beginning of

Hong Kong stocks rallied after China’s market regulator unveiled a series of market reforms aimed at enhancing the city’s status as a financial hub, with sentiment also getting a boost from the prospect of a bigger investor base

The Shanghai Composite jumped to start the week, finishing the day up 1.3%. State wealth fund Central Huijin increased stakes in China’s Big Four banks last Friday and the government renewed some policies today designed to

Chinese shares recouped some of its earlier losses, with the benchmark Shanghai stocks finishing slightly higher on Tuesday, while investors were cautious ahead of a key U.S. inflation report and a string of domestic economic data

China stocks jumped on Monday, logging their biggest daily gain in a month, after the latest manufacturing activity data signalled that the economy’s recovery is gaining traction, while the Hong Kong market was closed for a

Hong Kong stocks finished on a positive note Tuesday with investors gearing up for a week of key US data, including the Federal Reserve’s preferred gauge of inflation, as they try to assess the outlook for

Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 0.99 percent to 3,084.93 points. The Shenzhen Component Index closed 1.46 percent higher at 9,752.83 points. The combined turnover of stocks covered by

China stocks gained on Monday after an upswing in consumer prices raised hopes of an economic recovery, while tech stocks led the Hong Kong market higher. China’s blue-chip CSI300 Index .CSI300 ended up 1.3% while the Shanghai Composite

The China stock market on Wednesday snapped the four-day winning streak in which it had soared almost 90 points or 3 percent. The Shanghai Composite Index now rests just beneath the 3,040-point plateau although it may