Chinese stocks expand their profits amid a focus on the results of businesses

Chinese equities have expanded their profits, with investors watching the results of the profits of the country’s largest banks, as well as ‘Ali Baba Group’ and ‘Byd’, two companies have seen an indication of the health of companies. Goldman Sachs strategy raised their 12 -month target for the CSI3 index to 4,900 points on Thursday. The index traded on Friday, while Shanghai’s shares rose 0.5% in most days this week, the congestion for the results of companies, with 441 local companies, listed their results, according to the data collected by Bloomberg. The indicators in the rest of Asia were different, while US shares recorded a new record supported by data that emphasized the power of the economy, before the Federal Reserve’s preferred index measures the inflation on Friday. Oil fell 0.7% to profits in the previous session, with the decline in the possibility of a peace agreement between Russia and Ukraine. US Treasury bonds and a dollar indicator have resolved. Standard trading in the Chinese stock market The Chinese stock market is on their way to the recording of standard trading volume this month, which emphasizes the intensity of the Gulf of Ascension that attracts more investors day after day. The enthusiasm of the market in China, even though banks and regulatory entities are the possibility of trying to calm it down, in light of the pressure due to US fees and the rooted real estate crisis. “Local shares are expected to remain relatively high in the future,” says Dicky Wong, CEO of Research. Although the short -term wins process may have the possibility of a category, the Category A has already entered and provided an upward market, “says Dicky Wong, CEO of research at Kingston Cistioris. While investors are awaiting the results of” Ali Baby “, the profits of their competitors made it clear that the feeding activities were more than the loss of the company” ‘Methan’ landed this week after warning against huge losses due to ‘irrational competition’. of ITORO. The average GDP, which measures the value of goods and services in the United States, has risen by an annual rate of 3.3% in the second quarter, compared with an initial 3% increase. which reduces the possibilities of the flow of more Russian supplies to global markets.