3min chapter

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Is It Too Late For China's New Stimulus Measures?

Market Depth

CHAPTER

Introduction

Western Admiral from Blockworks macro in Tokyo. It is Friday June 2nd, 2023 Well after Asia markets close and welcome to the market death podcast bringing you global market commentary and analysis from the Asia Pacific trading session. So that you know what happened overnight. All right What a way to end this week on this Friday evening so we have a big broad-based rally across asset classes But mainly in equities during the Asia trading session today. And it was led by Hong Kong with the HangSeng index closing about 4% higher on the day And pulling its way out of official bear market territory, which it just sank into two days ago on Wednesday.

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