08 Jan China, Hong Kong stocks rebound as Middle East tensions subside
China and Hong Kong stocks
tracked broader Asian markets in a relief rally on Thursday as
the United States and Iran backed away from the brink of further
conflict in the Middle East.
** Investors also drew optimism from data showing China’s
December factory-gate price deflation eased, adding to signs of
modest improvement in manufacturing activity and factory
profitability.
** The CSI300 index was up 0.8% at 4,145.69 points, at
the end of the morning session, while t
tracked broader Asian markets in a relief rally on Thursday as
the United States and Iran backed away from the brink of further
conflict in the Middle East.
** Investors also drew optimism from data showing China’s
December factory-gate price deflation eased, adding to signs of
modest improvement in manufacturing activity and factory
profitability.
** The CSI300 index was up 0.8% at 4,145.69 points, at
the end of the morning session, while t
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