Hong Kong stocks close higher ahead of key US data

As the year 2024 nears its end, President Xi Jinping has called for strong and focused efforts to meet China’s economic and social targets. During his recent tour of Hubei Province, Xi highlighted the importance of

China’s stock markets saw a positive trend on Monday, as traders prepared for an eventful week. With a US election looming, potential changes in interest rates, and a significant policy meeting set to take place in

The China stock market has enjoyed two consecutive sessions of gains, adding over 40 points and lifting the Shanghai Composite to just above the 3,320-point level. On Monday, the index rose by 22.50 points, or 0.68

China’s stock market experienced modest gains on Monday, driven primarily by technology shares. This followed Beijing’s announcement of new initiatives aimed at supporting innovative tech companies. Additionally, the country cut its benchmark lending rates, contributing to

Stock prices in China climbed on Monday as investors responded positively to signals from the government about plans to tackle the economy’s weaknesses. These signals include borrowing more and easing regulations on the private sector. The

Goldman Sachs Group Inc. has upgraded its outlook on Chinese stocks to an overweight status, aligning itself with other optimists who believe in the positive impact of Beijing’s recent stimulus efforts. According to a note from

Chinese stocks experienced a remarkable surge, marking their largest single-day gains in 16 years, driven by new stimulus measures from Beijing. The domestic A-shares reached record turnover as investors rushed to capitalise on the ongoing rally.

China’s stock market experienced its strongest week since 2008, driving Asian shares to their highest level in two and a half years. This surge was largely attributed to Beijing’s launch of a substantial stimulus package aimed

China’s stock market saw gains on Monday for the fourth consecutive session, with the yield on the country’s 30-year treasury bond falling to a record low. This movement comes as speculation grows that Beijing may soon

Chinese stocks could see a significant uptick as the US Federal Reserve gets ready to announce its first rate cut this week. According to Steven Sun, head of research at HSBC Qianhai Securities, this decision might

China’s efforts to attract and utilise foreign capital are strengthening, leading to new developments in two-way investment. Amid global challenges and declining cross-border investment, the country has been actively promoting its attractiveness in opening up and

Sumitomo Mitsui DS Asset Management recently expressed confidence that China has passed its most challenging period, despite ongoing concerns in the property sector. The firm believes that Chinese equities now present an attractive investment opportunity, given

The Chinese stock market has increasingly become a focal point of global financial markets, reflecting the country’s growing economic influence. Despite periodic fluctuations, the market has shown remarkable resilience and potential, making it an attractive destination

Speculation around potential new economic policies from Beijing gained momentum on Monday, sparking optimism in the Chinese markets. Reports from China Daily highlighted insights from three economists affiliated with government-backed think tanks, who urged Beijing to

China is set to implement targeted strategies to increase the impact of its ongoing reform initiatives, aiming for significant progress in the future, according to a State Council official. During its third plenary session from July

China stocks experienced a modest rise on Wednesday, driven by robust import growth according to the country’s trade data, although gains were tempered by weaker-than-expected export figures. Hong Kong shares also saw an increase. In July,

China’s Politburo has endorsed the Communist Party’s long-term economic strategy, emphasising increased consumer spending and the elimination of unproductive companies to foster a “survival of the fittest” environment. Following a meeting with the party’s top 24