China shares rebounded to near multi-month highs, which helped Hong Kong have a slim gain on Friday but couldn’t stop it from having its worst week since November before the Lunar New Year break.
Lifting China were auto stocks, thanks to strong January sales, and shippers as the country’s exports and imports surged while inflation abated last month.
The first hard Chinese data of the year, released on Friday, pointed to a rebound in external and domestic demand not solely explained by a distorted comparison with January 2012, which included Lunar New Year. Reported by S.China Morning Post 7 hours ago.
Lifting China were auto stocks, thanks to strong January sales, and shippers as the country’s exports and imports surged while inflation abated last month.
The first hard Chinese data of the year, released on Friday, pointed to a rebound in external and domestic demand not solely explained by a distorted comparison with January 2012, which included Lunar New Year. Reported by S.China Morning Post 7 hours ago.