China, HK stocks having a big up day

[forex4you]

China, HK stocks having a big up day

<p>Chinese mainland stocks are perhaps enjoying the very weak yuan, helping to hurry along inflows. </p><ul><li>The Shanghai Composite is around 1.6% higher in morning trade</li></ul><p>In HK its an even stronger story:</p><ul><li>Hang Seng is +3.6%</li><li>The tech index in HK is +5.6%</li></ul><p>The data from China today was a manufacturing PMI above last month but still in contraction:</p><ul><li><a href="https://www.forexlive.com/news/china-caixin-manufacturing-pmi-october-492-prior-481-20221101/" target="_blank" data-article-link="true">China Caixin Manufacturing PMI October 49.2 (prior 48.1)</a></li></ul>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: China, HK stocks having a big up day

forexlive.com