China will report more data this week, while an update on consumer prices is due Wednesday in the US Economists expect it to show prices at the consumer level were 3.6 per cent higher in August than a year earlier.
Mainland developers recharge Hong Kong’s stock market rebound as Beijing takes another baby step to aid domestic home sales and delivery. Hedge funds bought back stocks last week, according to Goldman Sachs.
Stocks surrender an early rally as concerns about China’s recovery outlook overshadow hopes for a rebound in holiday spending. HSBC advances before its first-quarter report card later today.