Day May 28, 2024

HK Apr CPI Up 1.1% YoY, below forecast

The Hong Kong Census and Statistics Department (C&SD) published the April Consumer Price Index (CPI). Overall CPI rose 1.1% YoY in April, down 0.9ppt from 2.0% in March. Excluding the impacts of one-off relief government measures, the Composite CPI rose…

2024.05.28 Market Pulse / Macro Trends

Hong Kong market performance (last week) Source: Bloomberg Sectors performance (HK) Source: Bloomberg Hang Seng Index stocks ’performance Source: Bloomberg Southbound stocks performance​ Source: Bloomberg China economic data US market performance (last week) Sectors performance (U.S) Source: Bloomberg, finviz Source:…

US business activity quickens in May

The S&P Global Flash US PMI Composite Output Index rose sharply from 51.3 in April to 54.4 in May, its highest since April 2022. Output has now risen continually for 16 consecutive months, with May’s acceleration contrasting with the slowdown…