China Stock Market

China property developer stocks higher, Sunac creditors agree to restructuring agreement

China Caixin Manufacturing PMI (March) 49.5 (vs. expected 50.3)

China: Evidence of a truly robust 2023 recovery, economy fired on most cylinders in April

Weekend data - China’s home sales rose for a third month in April

China's April official PMIs are due over the weekend

China's new espionage law likely to discourage foreign capital inflow, cut economic growth

TD raise their GDP forecast, "China Economic Surprise Index surged to a multi-year high"

• And, on the currency: "USDCNY will likely continue to consolidate further in a 6.83-6.95 range"

China's state planners says approved 49 projects in Q1 2023 worth circa 280bn yuan

JP Morgan upgraded its China 2023 full-year GDP growth forecast to 6.4% (from 6%)

Shares of Chinese property developer Sunac have reopened for trade after a year. Down 38%.

Index measuring construction activity in China in March hit its highest in over a decade

China stimulus - Local govt bond issuance +15.6% in Q1 2023, infrastructure projects.

Asian Development Bank lifts its growth forecasts for China: 5% this year (vs. 4.3% prior)

China Caixin / S&P Global Manufacturing PMI for March 50.0 (51.7 expected)

Japan to restrict exports of 23 types of semiconductor manufacturing equipment, curb China