Technical Analysis
China, HK stocks having a big up day
Chinese mainland stocks are perhaps enjoying the very weak yuan, helping to hurry along inflows.
- The Shanghai Composite is around 1.6% higher in morning trade
In HK its an even stronger story:
- Hang Seng is +3.6%
- The tech index in HK is +5.6%
The data from China today was a manufacturing PMI above last month but still in contraction: