Chinese equities kept their footing as September factory activity returned to expansion and services grew at their quickest pace in three months, with the AI boom continuing to lif
Chinese equities kept their footing as September factory activity returned to expansion and services grew at their quickest pace in three months, with the AI boom continuing to lift industrial names. The mood carries a split though, since recent stimulus has landed lighter than hoped and commentary points to a two-speed economy where strong stocks sit alongside a softer currency. Trade friction stayed in view, with Beijing adding tariffs on Brazilian beef and headlines on Chinese automakers pressuring overseas rivals, while lithium prices fell sharply on worries about battery demand.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works