Monday, October 15, 2012

Hong Kong stocks flat ahead of Q3 GDP; ZTE dives





Hong Kong stocks ended flat, with September inflation data coming in as expected early on Monday, two days after better than expected export data, leaving many investors sidelined ahead of key third-quarter GDP growth data due out on Thursday.


China’s Consumer Price Index (CPI) grew 1.9 per cent year on year in September, in line with market forecasts, and down on August's inflation level. The producer price index (PPI), which measures inflation at wholesale level, dropped 3.6 per cent year-on-year in September.









via Business feed http://www.scmp.com/business/money/stock-talk/article/1061678/hong-kong-stocks-flat-ahead-q3-gdp-zte-dives

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