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Stocks surrender an early rally as concerns about China’s recovery outlook overshadow hopes for a rebound in holiday spending. HSBC advances before its first-quarter report card later today.
Stocks struggle to extend Wednesday’s rebound as more companies prepare to report their first-quarter earnings. Some onshore fund managers lack confidence and worry about policy tightening, Goldman says.
The worst might be over, but we are not at the end of the tunnel just yet. Are we seeing a bumpy road upward? Wait until it’s about fundamental changes rather than a sentimental bounce, fund managers say.
EQS Post-admission Duties announcement: Haier Smart Home Co.,Ltd. / Third country release according to Article 50 Para. 1, No. 2 of the WpHG [the German Securities Trading Act] Haier Smart Home Co.,Ltd.: Announcement on the Change in Share Capital of H-Share 31.10.2022 / 17:00 CET/CEST Dissemina...
The new rules have made the Hong Kong mainboard more attractive to Chinese ADRs who are under pressure to delist in the US, industry experts said.