BOSTIC: ECONOMY COULD SEE A NUMBER OF DIFFERENT SCENARIOS

BOSTIC: MY OUTLOOK SEES CUTTING RATES AT THE END OF THE  YEAR

FED'S BOSTIC: PLEASED WITH CPI PROGRESS, WE'RE NOT THERE YET

MNI China Daily Summary: Thursday, May 16

MNI BRIEF: China To Take Necessary Measures Following Tariffs

MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

US EIA:NAT GAS STORAGE +70 BCF TO 2,633 BCF MAY 10 WK

MNI: US APR INDUSTRIAL PROD +0.0%; CAP UTIL 78.4%

Homebuilding Activity Transitioning From Plateau To Pullback

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

China Stocks To Keep Rising In May

CHINA PRESS
MNI (Singapore)
Metals bulletEM BulletHomepagemarkets-real-timeCommoditiesEmerging Market NewsEnergy BulletsBulletMarketsFixed Income BulletsForeign Exchange Bullets

China stocks could continue trending upward driven by the CPC Politburo meeting's positive tone in late April and the U.S. Federal Reserve's more dovish stance, Securities Times reported citing analysts. Global funds have a strong willingness to allocate to Chinese assets with risk appetite increasing significantly, said CITIC Securities. The Hang Seng Index also surged for nine consecutive days, while the Nasdaq China Golden Dragon Index set a new closing high since November with a cumulative rise of over 8% over May 1-3, the newspaper said.

86 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

China stocks could continue trending upward driven by the CPC Politburo meeting's positive tone in late April and the U.S. Federal Reserve's more dovish stance, Securities Times reported citing analysts. Global funds have a strong willingness to allocate to Chinese assets with risk appetite increasing significantly, said CITIC Securities. The Hang Seng Index also surged for nine consecutive days, while the Nasdaq China Golden Dragon Index set a new closing high since November with a cumulative rise of over 8% over May 1-3, the newspaper said.