Hong Kong stocks lead gains in Asia after soft U.S. inflation, better-than-expected China data
Publishing timestamp: 2023-11-15 02:52:49
Summary
Hong Kong stocks and other Asia-Pacific markets rose after positive economic data from China and a soft U.S. inflation reading. Chinese electric vehicle stocks also saw gains. However, Japan's economy shrank, and Chinese stocks have performed poorly this year. Analysts see opportunities in the Chinese market despite the challenges. Oil prices remained flat, and the Federal Reserve's interest rate policy is being closely watched.
Sentiment: MIXED
Tickers: .HSI, 9868-HK, @LCO.1, .N225, JPY=, .DXY, ZE594-CN, AUD=, 9866-HK, .KS11, @CL.1, .SSEC, .SZI, 2015-HK, .AXJO,
Keywords: asia economy, ice brent crude (apr'23), prices, wti crude (mar'23), business news, australian dollar/us dollar fx spot rate, breaking news: markets, kospi index, hang seng index, s&p/asx 200, dxy us dollar currency index, markets, nikkei 225 index, australia, shanghai, breaking news: asia, economic events, usd/jpy, shenzhen component index, world markets,
Source: https://www.cnbc.com/2023/11/15/live-updates-asia-markets.html