Hong Kong stocks surge as mainland China’s manufacturing outpaces expectations

On Tuesday, Chinese stocks saw a modest increase, aligning with regional markets ahead of anticipated comments from Federal Reserve officials later in the day. Global investors are keenly watching for insights from various Federal Reserve speakers

Chinese stocks are poised for another surge following a recent period of consolidation. A significant meeting in Beijing next month is expected to introduce further supportive measures into the market, according to analysts from Goldman Sachs

Investors are increasingly optimistic about China’s long-term growth prospects but remain “underinvested” in the world’s second-largest economy, according to Bonnie Chan Yiting, CEO of Hong Kong Exchanges and Clearing (HKEX). Despite this underinvestment, Hong Kong’s capital

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