Chinese factories slip deeper into contraction, more policy support likely
The article reported that China’s manufacturing activity contracted for a second straight month in November and at a quicker pace, suggesting more stimulus will be needed to shore up economic growth and restore confidence that the authorities can ably support industry.
This is another evidence that China economy slowdown continue to worsen despite someone said otherwise. This is in contrast to US economy which reported a higher than expected GDP data. It may also explained why Chinese and Hong Kong stocks are in the red for the past 7 days.
Quote:
The official purchasing managers’ index (PMI) fell to 49.4 in November from 49.5 in October, staying below the 50-point level demarcating contraction from expansion, data from the National Bureau of Statistics showed on Nov 30. It missed a forecast of 49.7, and only Goldman Sachs and Standard Chartered Bank predicted that it would come in so low out of 31 respondents.
Source:
$比亞迪股份 (01211.HK)$ $BYD Co. (BYDDF.US)$ $標普500指數 (.SPX.US)$ $納斯達克綜合指數 (.IXIC.US)$ $特斯拉 (TSLA.US)$ $大眾汽車(ADR) (VWAGY.US)$ $蔚來 (NIO.US)$ $理想汽車 (LI.US)$ $小鵬汽車 (XPEV.US)$ $通用汽車 (GM.US)$ $福特汽車 (F.US)$ $Rivian Automotive (RIVN.US)$ $MERCEDES-BENZ GROUP AG (MBGAF.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$ $吉利汽車 (00175.HK)$ $Stellantis NV (STLA.US)$
免責聲明：社區由Moomoo Technologies Inc.提供，僅用於教育目的。
更多信息
評論
登錄發表評論
I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
3087粉絲
95關注
1.2萬來訪
關注
FaqnDeath99 : 不幸的是，在許多方面中，中國的復甦緩慢，但這對股票進行了一些很大的交易
我希望中國很快從中脫離這一點。我看到這些公司在中國產生了很多創新，因為經濟欠佳，我很討厭看到它被拋棄或閒置過長時間。