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Day May 22, 2023

2023.05.22 20,000 points to be the resistance

In April, the total retail sales of consumer goods in China reached CNY3.49tn, +18.4% YoY, which was lower than the market’s expectation of 21.9%. The retail sales of consumer goods excluding automobiles were CNY3.13tn, +16.5% YoY. In 4M23, the total…