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2025-06-03 17:34:00 admin

HSI News: Can Trade Talk Optimism Push Hang Seng Index to 24,000 Despite Weak PMI Data?

Key Points:Hang Seng Index rebounded 1.13% as trade talk hopes offset weak China manufacturing PMI data for May.Reports of Trump-Xi talks lifted tech and EV stocks, fueling optimism for easing US-China trade tensions.he Caixin Manufacturing PMI fell to 48.3, marking the first contraction since October 2024.From Trade War Rhetoric to Trade Talk Hopes, Bulls Eye 24,000 ReturnUS-China relations deteriorated recently, reviving fears of fresh tariffs and a prolonged trade war. However, reports that T