Bargain Hunting May Lift China Stock Market

The China stock market has finished lower in three straight sessions, plummeting almost 200 points or 6 percent in that span. The Shanghai Composite Index now sits just above the 3,210-point plateau although its due for support on Monday. The global forecast for the Asian markets is upbeat, with support expected from the technology and...

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Asian Shares Mixed; China Services PMI In Focus

Asian stocks fluctuated on Monday despite U.S. stocks rebounding sharply on Friday, led by gains in the technology sector. The dollar was mixed against major currencies after positive U.S. House Speaker election results. Chinas onshore yuan breached a key milestone for the first time since late 2023 amid reports that the Peoples Bank of China...

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