Forbes
Key News Asian equities were mixed overnight as Singapore, Hong Kong, and Mainland China outperformed while India, the Philippines, and Indonesia underperformed. Hong Kong and Mainland China opened lower but went from lower left to upper right/grinding higher all day on strong volumes, and strong breadth/advancers beat decliners handily. Several key catalysts are at play:
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China Market Update: NPC Stimulus To Exceed Expectations? Why Smoot Hawley 2024 Isn’t Going To Happen
Key News Asian equities were mixed overnight as Singapore, Hong Kong, and Mainland China outperformed while India, the Philippines, and Indonesia underperformed. Hong Kong and Mainland China opened lower but went from lower left to upper right/grinding higher all day on strong volumes, and strong breadth/advancers beat decliners handily. Several key catalysts are at play: