Posted inAT Finance, China, Hong Kong, Indonesia, Japan, Malaysia, Northeast Asia, Philippines, Thailand, Vietnam

Fake news about Asian stock markets, again

If you believe financial press fake news reports, news of lower than expected fixed asset formation in China overnight dampened Asian stock markets. In fact, the MSCI non-Japan Index continued to rise modestly AFTER the Chinese data were released. Rail stocks lead Hong Kong market: China Railway Construction, rolling-stock manufacturer CRRC, and China Railway Group […]