In April, the Caixin China General Services PMI dropped by 0.3 points from the previous month to 52.5. The index remained in expansionary territory for the 16th straight month. This trend was not consistent with the Services PMI released by…
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 ISM Manufacturing Index for April was 49.2, missing expectations of 50, March was at 50.3. The ISM Manufacturing Index came back into contraction in April due to the lower demand, but the price index was at a record high…
The National Bureau of Statistics announced that the manufacturing PMI in April was 50.4, 0.4 points down from March’s 50.8, maintaining the expansion. In terms of the size of enterprises, the PMI for large corporates was 50.3, a decrease of…
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 continued to increase in April, but the rate of expansion slowed amid signs of weaker demand. US PMI Composite Output Index dropped to 50.9 in April from 52.1 in March, lower than the expectation of 52.0. Slower…
The Hong Kong Census and Statistics Department (C&SD) published the March Consumer Price Index (CPI). Overall CPI rose 2.0% YoY in March, down 0.1ppt from 2.1% in February. 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:…
According to data released by the US Department of Commerce, retail sales in March increased by 0.7% MoM, higher than expected. Core retail sales, excluding auto sales, rose 1.1% MoM, exceeding market expectations of 0.4%, the largest increase in 14…
In March, the total retail sales of consumer goods reached 3.9 trillion yuan, a YoY increase of 3.1%, lower than expectations. The retail sales of consumer goods other than motor vehicles reached 3.5 trillion yuan, up 3.9%. In terms of…
