Hong Kong stocks waver on China manufacturing slump while HSBC jumps before bullish earnings report

Published on: Monday 01 May 2023

HSBC's first-quarter report card surpasses market expectations as lender resumes quarterly dividend payout as planned Official data show manufacturing in China contracted in April to the lowest since before the reopening late last year Hong Kong stocks erased losses after HSBC surged on the back of a stellar set of earnings. The broader market struggled after a surprise slump in manufacturing in mainland China reignited concerns about an uneven...

News source: https://www.msn.com/en-xl/money/other/hong-kong-stocks-erase-losses-with-hsbc-s-bullish-earnings-macau-casino-winners-as-manufacturing-slump-worries-china-bulls/ar-AA1aC50i

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Hong Kong stocks waver on China manufacturing slump while HSBC jumps before bullish earnings report