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Hong Kong stocks climbed for a second day as China’s economic recovery gained momentum as manufacturing expanded, fanning optimism the government will enhance the rebound with more policy stimulus.
The Hang Seng Index gained 2.2 per cent to 17,585.89 at 10.53am local time, trimming the decline this week to about 1.2 per cent.
https://www.scmp.com/business/markets/ar...deal-lifts
(This post was last modified: 06-10-2023, 11:48 AM by
theold.)
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So China's collapse no more?
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Don't make Sgfett angry, ok?
He said China collapsed Liao, how can you say China prosperous?
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Fat hope that China and HK property sector can just be saved like that.
Just rumors, speculation ...but even is true has no impact to real economy which remains weak.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
(This post was last modified: 06-10-2023, 02:14 PM by
sgbuffett.)
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(06-10-2023, 02:10 PM)Ysgbuffett Wrote: Fat hope that China and HK property sector can just be saved like that.
Just rumors, speculation ...but even is true has no impact to real economy which remains weak.
True. Bull trap. I think just some short covering then continue to go down.