In this week’s issue GDP growth beats expectations, dueling export restrictions and the piping hot IPO for a top premium rice maker. On a scale of 1 to 100, we give the week a 40 for offshore-listed China stocks.
China’s GDP grew 6.3% in the second quarter year-on-year. While that may look good on the surface, it was actually below analyst estimates and reflected weak year-ago numbers during the two-month Shanghai lockdown.
In this week’s issue nostalgia with Henry Kissinger, an e-commerce dust-up and a Chinese “Ugly Duckling” tale. On a scale of 1 to 100, we give the week a 50 for offshore-listed China stocks.
China’s GDP grew 4.5% in the first quarter, rebounding from 2.9% growth the previous quarter. And Hong Kong rolls out the welcome mat for tech startups with the launch of new rules allowing money-losing high-growth companies to list on the stock exchange’s main board.
In this week’s issue GDP rebounds, China loses its population crown and TikTok’s woes take a bite out of ByteDance. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
China says it will target relatively modest GDP growth of “about 5%” this year, as it focuses on “quality growth” over “growth at any cost” in the post-pandemic era.
In this week’s issue China gears up for a big party, as economic indicators and stock markets pick up. On a scale of 1 to 10, we give the week a 6 for offshore-listed China stocks.