[MARKET UPDATE] Mainland Chinese markets are firmer on return from the Lunar New Year/Spring Festival Holidays, while Hong Kong markets underperform after the prior day's rally
The firmer performance of mainland Chinese markets signals a positive sentiment as traders return from the Lunar New Year holidays, potentially reflecting pent-up demand or optimistic expectations.
Canadian PM Carney will visit Japan from March 6th, according to Japan's Chief Cabinet Secretary Kihara
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[MARKET UPDATE] Mainland Chinese markets are firmer on return from the Lunar New Year/Spring Festival Holidays, while Hong Kong markets underperform after the prior day's rally
PBoC injects CNY 526bln via 7-day reverse repos with the rate at 1.40% for a net drain of CNY 926.4bln
[MARKET UPDATE] Precious metals retreat with spot gold down more than 1% as it pulls back from the USD 5,200/oz level, while silver dropped by around 3% with headwinds seen amid a firmer dollar post CNY-fix
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In contrast, Hong Kong’s underperformance may indicate a correction after a recent rally, suggesting market participants are reassessing valuations in that sector, which could lead to divergent trends in investment strategies across the region.
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