ying interest after investors shrugged off uncertainty on tech’s earnings guidance. The risk profile is upbeat as theAt the press time, Japan’s Nikkei225 soared 1.64%, ChinaA50 remained almost flat, Hang Seng jumped 1.60% and Nifty50 climbed 0.93%.
China’s official Manufacturing PMI has landed lower at 49.2 vs. the projections of 50.0 and the prior release of 50.1, reported by the National Bureau of Statistics. Also, the Non-Manufacturing PMI has been recorded as significantly lower at 48.7 against the expectations of 51.9 and the former release of 50.6. It seems that the continuation of the no-tolerance Covid-19 policy has weighed pressure on economic activities.
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