Hong Kong stocks halt 5-day slide as China’s retail sales rise by most in 8 months

Quick Summary:

Retail sales growth of 4.8 per cent in October raises hopes that stimulus measures could be arresting a slowdown in economic growth.

That beat the consensus estimate of 3.8 per cent growth by economists tracked by Bloomberg.

Retail sales growth of 4.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Hang Chinese Seng February Retail Cent Index Sales Growth Fastest Pace

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 10:29:38 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 230 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23596638

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About SCMP

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Official Website: scmp.com

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