Shanghai Composite and Shenzhen Component rise ahead of China data
China equities firm as the Shanghai Composite rises 0.2% to around 3,937 and the Shenzhen Component gains 0.4% to 14,409 ahead of fixed-asset investment, industrial production, retail sales, unemployment, house prices and FDI data.
4% to 14,409, as investors positioned ahead of a busy week of economic data. Markets are awaiting key indicators, including fixed-asset investment, industrial production, retail sales, the unemployment rate, house prices, and foreign direct investment figures, for fresh clues on the strength of China's economic recovery. 4% after reporting stronger revenue, net profit, and R&D spending. 5%).
9% after reporting a decline in first-half net profit. Investors also awaited GigaDevice Semiconductor's earnings report on Tuesday to gauge demand trends in the semiconductor industry.