Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders remain optimistic the US Fed will cut interest rate by another 50 bps by year-end on easing trade tensions between the U.S. and China and cooler-than-expected US consumer price inflation data. They now look…

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Multiple positive catalysts drive strong performance in Hong Kong and A-shares; how will the market evolve going forward?

A full-scale counterattack! Today, both the A-share and Hong Kong stock markets surged across the board, with the Shanghai Composite Index rising over 1%, nearing the 4,000-point mark and reaching a new high for the year. The FTSE China A50 Index futures continued to rise sharply, surging over 1%. Analysts pointed out that the latest…

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上報 Up Media – 上報 UpMedia

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