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Hong Kong Stock Exchange performance
The final session in November brought a breath of positivity to the Chinese stock markets, in particular the Hong Kong Stock Exchange. The Hang Seng Index closed with an increase of 0.29%, while the technology sector registered a jump of more than one percentage point. This sign of recovery is encouraging, but it is important to note that Hong Kong’s monthly balance sheet remains negative, with a decline of 4.4%.
This reflects continuing uncertainties regarding China’s economic recovery and expectations of Beijing’s stimulus measures.
Performance of the Shanghai Stock Exchange
The Shanghai Stock Exchange also closed positively, with an increase of 0.9% in the last session of November. The month ended with a slight increase of 1.5%, mainly thanks to the strong recovery of the first week, which was then rapidly absorbed. Since January, the Shanghai composite index has seen growth of around 15%, a figure that suggests some resilience despite economic challenges
.
Factors affecting economic growth
Switzerland’s Gross Domestic Product (GDP) grew by 0.2% in the third quarter, a slowdown compared to the previous quarter. The Ministry of Economy confirmed the data, indicating that the decline is due to a decrease in household consumption and investment in construction, as well as a slowdown in the chemical-pharmaceutical sector. These factors could also have repercussions on Chinese markets, as Switzerland is an important trading partner for
China.
Future prospects for Chinese markets
Despite the uncertainties, the Hang Seng has maintained a positive performance of more than 15% since the beginning of the year. Investors are closely monitoring Beijing’s economic policies and the stimulus measures that could be implemented to support growth. The current situation requires constant vigilance, as global dynamics and domestic policies will inevitably influence the performance of the Chinese stock markets
.