The Hong Kong stock exchange closes in a sprint, boosted by the earnings of tech giants like Alibaba and Jd.com, and puts two days of heavy losses behind it mainly due to a new surge in covid cases. But the announcement of the Chinese authorities that they will give support to the markets “to bring stability”, said the Chinese Deputy Prime Minister Liu He, is also being felt on the mood of investors, words that have led the Hang Seng index to mark a + 8.27%. A good step also for the rebounding Chinese squares (Shanghai + 3.48%, Shenzhen + 3.62%) with the Committee for Financial Stability and Development which is committed to keeping markets stable and managing the risks of the real estate sector. . Tokyo also did well (+ 1.64%) with the anticipation of the lifting of the anti-Covid state of emergency in Japan, and awaiting indications from the Fed that it should raise rates by 25 basis points, in addition to publishing the new economic forecasts. The main focus remains on the conflict in Ukraine pending truce while the president, Volodymyr Zelensky, spoke of more realistic talks with Russia. Futures on Europe as well as those on Wall Street are positive. Among the macro data expected by Istat are data on consumer prices for February. From the United States, import prices, February retail sales and oil inventories.
Start-up for the main European stock exchanges in the wake of the good tone of Asia with the rebound of the Chinese markets. Frankfurt gained 2.36% with the Dax at 14,245 points. Paris rises by 2.04% with the Cac 40 at 6,484 points. London is more contained with the Fste 100 which marks a + 1.20% at 7,268 points. In the first minutes of trading in Piazza Affari, the Ftse Mib recorded + 2.18% to 24,008 points.