PPI y/y and m/m declined further.
PPI -0.7% m/m, with a -0.6% input prices and producer prices for consumption goods remained at 0%.
The weaker PPI numbers are influenced by insufficient market demand and falling prices for certain international commodities, NBS said.
Month-on-Month Analysis:
PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month.
The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...

🛒 Sports apparel retailer Li Ning is up 6.9% to HKD 14 as of 104PM. The stock had been up 7% last Friday morning, after reporting first half earnings that beat estimates, before giving up all gains to be down -0.8% at last Friday's close. It appears that the bulls are attempting to take the stock back up to last Friday's highs. Following Li Ning's stock move, this morning's newly listed Li Ning call warrant LiNing MBeCW250703 (KUS...