Week Ahead | Inflation Takes Center Stage! US CPI Follows Nonfarm Payrolls; JD.com and Tencent Lead Wave of China-Concept Earnings, as AI Supply Chain Giants Report En Masse
In the new week, the market’s macro focus will shift comprehensively from employment to inflation and consumer spending. The U.S. July CPI, PPI, and retail sales—dubbed the 'terrifying data'—will be released consecutively starting Wednesday, directly influencing market expectations for the Federal Reserve’s policy path in September.
Express News | Moore Threads: Planning to issue H-shares and list on the Main Board of The Stock Exchange of Hong Kong Limited.
Express News | China's Producer Price Index (PPI) rose by 3.5% year-on-year in July, compared with a 4.1% increase in the previous month.
Express News | China's CPI rose by 0.5% year-on-year in July, compared with a 1% increase in the previous month.
Top-performing Hong Kong-listed stocks this week | Nason Technology surged over 64% on its listing day, driven by strong revenue growth from NBC product ramp-up; MINIMAX rose more than 41% after DeepSeek officially announced price hikes, signaling an end
This week, the Hang Seng Index declined by 0.84% cumulatively, closing at 25,668.03 points; the Hang Seng Tech Index rose by 0.6% over the same period, closing at 4,858.29 points; and the Hang Seng China Enterprises Index fell by 0.94% cumulatively, closing at 8,531.58 points.
Hang Seng Index Bull/Bear Ratio (49:51) | August 8
As of August 8, the latest bull-to-bear warrant ratio for the Hang Seng Index stood at 49:51.