economic growth target – Charm

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China, Hong Kong stocks rise on upbeat data, focus on policy meetings

Cs news5 months ago04 mins

By Jiaxing Li China, Hong Kong stocks rise on upbeat data, focus on policy meetings HONG KONG, – Chinese and Hong Kong stocks rebounded on Monday, recouping some of last week’s losses after upbeat manufacturing data and expectation this week’s key policy meetings in Beijing will bring new stimulus measures. Gains in stock indexes were…

China’s PMI data returns to positive territory for February

Cs news5 months ago02 mins

China’s purchasing managers’ index, a key indicator for manufacturing activity, reached three-month high in February and returned to positive territory as the country ramped up measures to boost the economy. The PMI in February was 50.2 compared with 49.1 in January and 50.1 in December. A reading above 50 indicates expansion, while one below 50…