November retail sales in China experience major misfires China’s industrial production for November rose 2.2%, after growing 5% in October, official data showed. That’s less than expectations for 3.6% growth in a Reuters survey. Retail sales fell 5.9% on an annualized basis, more than expectations of a 3.7% drop in a Reuters survey and a …
Asia-Pacific markets trade lower after Fed rate hike, signals more ahead Read More »
Employees working on the carbon fiber badminton racket production line at a factory in Sihong County, China’s Jiangsu Province. China reported on Saturday that factory activity in April contracted at a faster pace as Covid-19 lockdowns halted industrial production and disrupted supply chains. Visual Group China | Getty Images Morgan Stanley raised its outlook for …
Morgan Stanley Raises Growth Outlook for China in 2023, Expects Stronger, Faster Rebound Read More »
China could reopen its border with Hong Kong before the Lunar New Year China may drop quarantine requirements for Hong Kong residents traveling to the mainland ahead of the Lunar New Year next month as part of the latest round of reopening measures, the South China Morning Post reported, citing official sources. close to the …
China’s National Health Commission issues guidelines for treating Covid at home Chinese health authorities announced guidelines on Thursday to treat Covid patients at home, a day after formalizing a policy that allows most infected patients to quarantine at home, as part of the easing measures in the country. The notice on the National Health Commission …
Hong Kong shares rise nearly 3% after reports say city plans to ease Covid rule Read More »
Morgan Stanley overweight Chinese stocks Morgan Stanley strategists raised its recommendation for Chinese stocks to overweight, according to a Sunday note. The upgrade marks the end of the company’s equal weight position in Chinese stocks that it has held for nearly two years, strategists led by Laura Wang said. Morgan Stanley noted that several factors …
Hong Kong shares jump 3% as China relaxes some virus rules Read More »
