Seeking Alpha

Hang Seng hits highest level since November 2010

  • Hong Kong extended its winning streak to three overnight, the Hang Seng rising 0.8% to 24,890 - a level last seen nearly 4 years ago.
  • Economic data released ahead of last night's session showed further slowing in China's economy, with industrial production slumping to 9% growth from 9.2% previously, and retail sales growing 12.2% vs. June's 12.4% and expectations for 12.4%.
  • Shanghai closed with marginal gains.
  • ETFs: FXI, PGJ, GXC, YINN, FXP, YANG, MCHI, XPP, YAO, YXI, CHXF, CN, FCA
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