Hong Kong market performance (last week) HSI HSCEI Hang Seng TECH Index Change (%) 2.0% 2.7% 6.2% Change (points) 397 179 245 Closing price 19,916 6,795 4,225 10 days SMA 19,443 6,563 3,917 50 days SMA 20,802 7,031 4,279 250…
According to data from the U.S. Labor Department, applications for jobless claims in the U.S. for the week ending March 18 totaled 191,000, below the expectation of 198,000, with a decline of 1,000 from the previous period. The data pointed…
Although China has lowered the RRR for financial institutions by 0.25% to around 7.6%, the market expects that RRR cut can potentially release ~CNY500bn of liquidity. As the magnitude of the cut is quite restrained, market does not expect much…
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