Quotes from the news wire:
The weak HSBC flash (reading) may exert some corrective pressure on economy-related stocks such as banks, steel and construction materials, but overall the potential for a sharp fall in the main indices are not likely, this is mainly because China is still in a monetary easing cycle and regulators have repeatedly pledged to support the stock market. As a result, sentiment remains robust, preventing a deep correction despite the market's recent rally.
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