Investors check out stock prices at a trading hall in Nanjing, east China's Jiangsu Province, on February 25, 2019. Photo: Xinhua
China stocks stay on a roll, breaking through resistance level of 3,000 for first time since June
- Traders are watching for opportunities out of the Two Sessions gathering in China of the power elite
- Hang Seng rises as well as sentiment is buoyed by positive news on trade war
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Stocks
Investors check out stock prices at a trading hall in Nanjing, east China's Jiangsu Province, on February 25, 2019. Photo: Xinhua
Traders will be listening for stock-moving policy steps out of this week’s ‘two sessions’ gathering. Here, Chinese President Xi Jinping walks to deliver his speech at the National People's Congress in Beijing on March 20, 2018. Photo: Reuters
5 things traders are watching for as China’s power elite gathers at the ‘two sessions’
- Hugely important decisions will be made that could impact China stocks
- Traders say stocks that might be most affected are tied to consumption, autos, construction, health care and brokerages
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Two Sessions 2019 (Lianghui)
Traders will be listening for stock-moving policy steps out of this week’s ‘two sessions’ gathering. Here, Chinese President Xi Jinping walks to deliver his speech at the National People's Congress in Beijing on March 20, 2018. Photo: Reuters