Highlights
- The stock markets performed well in May. Cross-border large-cap index CES China 120 Index, or CES 120, rose 4.8 per cent
- Private IT companies were the focus of the market. CES P Elite surged 7.1 per cent
- Macau’s Gross Gaming Revenue, or GGR, is expected to return to its peak in 2013. CES Gaming Top 10 Index, or CES G10, surged 4.3 per cent
- Global stock markets continued to have strong performances. KOSPI rose 6.4 per cent. US stocks continued to rise despite expectations of an interest rate hike. S&P 500 Index rose 1.2 per cent
- The Mainland’s currency reform and the bottoming of its forex reserves prompted a hike in the RMB exchange rates
- PBC sought comments on Bond Connect, which will allow participation of overseas investors in the Mainland interbank bond market.
- HKEX will introduce physically settled CNH and US dollar gold futures contracts on 10 July
- Average daily turnover of FTSE China A50 Index futures traded in Singapore slipped by 1.8 per cent
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