Q2 set to end on risk-on note

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Asian stocks are advancing on the final trading day of June, after a positive session on Wall Street, with market sentiment buoyed further by China’s better-than-expected June PMI readings. The data makes for encouraging signs that the world’s second largest economy is well on its way in overcoming the pandemic.

The Hang Seng index is also climbing higher, keeping up with the regional trend, despite the US halting some trade benefits to Hong Kong pertaining shipments of sensitive American technology to the city. The latest move is in keeping with the threat that Hong Kong may lose its… Read More:

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