Current situation of the Chinese stock markets
The Chinese stock exchanges experienced a day of transition, characterized by a mixed closing. Investors are waiting for guidance on the economic recovery measures that the Chinese Central Economic Committee will announce shortly. This climate of uncertainty is accentuated by global concerns, in particular by inflation in the United States, which is expected to increase by 2.7% year-on-year. This scenario could influence the Federal Reserve’s interest rate decisions at the next meeting, creating additional tensions in the markets
.
Performance of the main Chinese indices
Hong Kong’s Hang Seng Index closed down 0.77%, with the technology and real estate sectors weighing significantly on overall market performance. However, not all the news is negative: Fosun Tourism Group, owner of Club Med, has seen a jump in the stock of more than 80% thanks to the announcement of a buyback plan to withdraw the title from the market. On the contrary, the Shanghai Stock Exchange recorded a positive close, with the composite index growing by 0.3%. This moderate increase reflects some investor confidence in the domestic economic outlook, despite global uncertainties
.
Focus on the Japanese market
Meanwhile, the Tokyo Stock Exchange closed the session with the Nikkei index slightly up 0.01%, while the Topix rose by 0.29%. Defense stocks were the protagonists of the day, while utilities registered a decline. The Japanese market is waiting for the US inflation estimates for November, a figure that could influence local economic dynamics. In addition, the Japanese currency showed a slight recovery against the dollar, a sign of a possible stabilization after recent fluctuations
.