Industrial production rose by 4.8% in July, the lowest growth in 17 years. Analysts surveyed by Reuters expected an increase of 5.8%.
Retail sales increased 7.6% in July, compared to an estimated 8.6% increase in tariff increase for China-made mobile phones, toy "class =" media__image "src =" http: //cdn.cnn .com / cnnnext / dam / assets / 190812142132-us-china-trade-was-large-169.jpg "/>
The Chinese yuan also rebounded in the onshore market after the Chinese central bank raised the currency for the first time in more than a week
The yuan fell 0.3% against the previous Tuesday. On the offshore market, where the yuan moves more freely, however, he noted weaker than on Tuesday – at about 7.03 yuan per dollar.
] Here are some more Important Steps at 10:30 am Hong Kong Time:
- South China airport operator stockpiles increased after the Hong Kong mass protests hit the city's airport and disrupted Tuesday's flights for a second day. Airports near Hong Kong are likely to benefit from the disruption in the city, analysts of CITIC Securities wrote in a research report. Shenzhen Airport gained 2.4% on Tuesday, up 10% on Tuesday.
- The Cathay Pacific Group ( recovered by more than 3.6% in early Hong Kong trade . The shares of the airline were hit hard by the mass protests. )
- Asian equities were positive on Wall Street. US markets rose on Tuesday. The Dow ( increased by 373 points, or 1.4%. The ) S & P 500 ( and ) Nasdaq ( added 1.5% resp 2% too.