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 »
https://tmsnrt.rs/2zpUAr4 Chinese stocks climb, dollar slides More Chinese cities ease coronavirus controls Russian oil cap goes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped moves to lift pandemic restrictions in China would eventually improve the outlook for global growth and demand for commodities, pushing …
Asian equities bet on a possible opening of China; oil gain 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 »
Pre-orders for AMD’s upcoming Radeon RX 7900 XTX and RX 7900 XT graphics cards have opened in China and it looks like the custom cards would be just as expensive as NVIDIA’s GeForce RTX 40 line. Chinese retailers open pre-orders for AMD Radeon RX 7900 XTX and RX 7900 XT custom graphics cards, cost up …
