China’s National People’s Congress (NPC) recently announced a growth target of around 5%, which has sparked mixed reactions from market watchers. Some analysts praised Beijing’s commitment, while others expressed disappointment that the projections lacked any significant positive surprises.
The Hang Seng China Enterprises Index, a key indicator of Chinese stocks listed in Hong Kong, initially rose by as much as 2.6% before paring its gains to 1.8% by mid-day. The mixed response suggests that markets are cautiously optimistic about China’s economic prospects, but also remain vigilant for any potential risks or surprises.
Source: https://www.bloomberg.com/news/articles/2025-03-05/china-s-npc-offers-a-mixed-bag-to-markets-jolted-by-trump-moves