The National Bureau of Statistics announced that from January to April, the total profits of industrial enterprises above the designated size reached RMB2.1 trillion, up by 4.3 YoY. The growth rate was the same as that in January to March,…
The U.S. economy grew at a lackluster 1.3% annual pace in the first three months of the year, revised figures showed, largely because of softer consumer spending that could herald a broader slowdown in the economy. The increase in gross…
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:…
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…
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:…
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…
US April CPI rose 0.3%, mainly due to higher oil prices and housing costs, below the expected 0.4%. The upward trend showed a slight slowdown after advancing 0.4% in the previous two months. Stripping out food and energy, the core…
According to the National Bureau of Statistics, China’s April economic data appeared to be stable. Despite the effect of holidays and high base from the prior year, overall improvements were seen in key indicators such as industrial output, exports, employment,…
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:…
Nonfarm Payrolls grew by 175,000 in April, sharply down from the 315,000 increase seen a month earlier and the lowest level since October. The figure came below market expectations of a 243,000 increase. The reading in March got revised higher…
