China stocks ended slightly
higher on Wednesday, after the International Monetary Fund
upgraded its economic growth forecasts for the Asian giant. China s economy is set to grow 5% this.
Chinese stocks closed down
on Tuesday as traders awaited key inflation data from major
economies this week for clues on the path for interest rates,
and weighed the effectiveness of China s latest. -May 28, 2024 at 05:12 am EDT
- MarketScreener
Chinese stocks declined on Tuesday as traders awaited significant inflation data from major economies to gauge future interest rate trends. Key U.S. inflation figures are due Friday. Meanwhile, Shanghai relaxed certain housing policies in a bid to stabilize its property market, but market sentiment in top-tier cities remains uncertain.
Mainland China and Hong
Kong shares ended higher on Monday, led by energy and
semiconductor stocks, while investor sentiment was lifted by
growing industrial profits in April. Profits.
Mainland China and Hong Kong shares ended higher on Monday, driven by gains in energy and semiconductor stocks. Chinese industrial profits turned positive in April, and investors are keeping a close watch on upcoming economic data. The Shanghai Composite and CSI300 indexes both saw significant gains.