Optimism has risen after China reopened following three years of maintaining a strict zero-COVID policy and Beijing pledged additional policy support to boost the ailing domestic economy.
Herald van der Linde, head of the equity strategy at HSBC, said the easing of COVID-19 restrictions and support from the property market would boost the outlook for consumer and travel-related sectors in mainland China.
The Reuters anal...

JPMorgan and Standard Chartered cwon Chinese regulatory approval on Thursday to expand operations in China, as Beijing encourages expansion by foreign companies after lifting its restrictive COVID policies.
China is speeding up the process of granting permissions to foreign institutions in a move to boost confidence among overseas investors as part of efforts to revive its economy battered...

IMF Solid positive global economic outlook!
IMF chief Kristalina Georgieva told a closing panel at the World Economic Forum in Davos. She said
1) headline inflation was heading down
2) China’s reopening was expected to boost global growth
3) IMF forecasting CN economy will outpace global growth of 2.7% this year.
“Also what has changed in the positive is we have seen demonstrably
4) strength of labor markets translating into consumers spending an...

Chinese companies are expected to report their highest earnings growth in five years, Refinitiv data shows, as economic reopening after COVID lockdowns and accommodative monetary policy raise hopes for higher profits.
According to Refinitiv IBES data, China's large and mid-cap companies' profits are seen rising 16.2% in 2023, the fastest growth since 2017. The analysis is based on 1,164 companies with a market capitalisa...