Citi says China’s economic recovery is taking longer than expected

Instead of June, Citi now expects the Hang Seng Index to take until the end of September to reach 24,000, analysts said in a report Thursday. “We expect [first-quarter 2023 corporate] The results will be on the weaker side, the Citi report said, as the post-Covid recovery appears to be slower than expected. Earnings from … Read more