Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>G Sachs: CN 2M26 Econ Activity Data Broadly Improves on Major Exports Beat
Recommend 2 Positive 3 Negative 1 |
||||
|
||||
|
China released its "troika" economic data this morning. In regards of this, Goldman Sachs published a report stating that China's economic activity data for 2M26 broadly improved compared to December 2025, topping market expectations and indicating a good start to 2026. The YoY growth rate of industrial production improved from 5.2% in December 2025 to 6.3% in 2M26, on major beat in exports. Manufacturing momentum was better, but the growth rate of automobile production continued to slacken. On an MoM basis, the YoY growth of fixed asset investment rebounded radically from -13.0% in December 2025 to +1.8% in 2M26. However, caution is advised as this improvement may partially reflect NBS suspending its statistical correction (mainly in 2H25) of previously over-reported data. The broker's equity analysts, through channel checks, indicated that construction activity in the mainland remained mixed. This means that the actual monthly improvement in investment momentum may not be as strong as headline fixed asset investment figures suggest. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
