SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Encouraging Chinese manufacturing data pulls Asian stocks higher

01 Feb 2012 Evaluate

Most of the Asian equity indices were modestly higher on Wednesday as encouraging Chinese manufacturing data tempered concerns over downbeat US economic reports, while earnings disappointments in Japan capped stocks there. Meanwhile, Taiwan stocks ended 0.43 percent higher, lifted by HTC Corp and defensive plays such as transportation and biotech. While, the Nikkei average held on to recent gains, edging up for the second session and brushing off worse-than-expected earnings from blue chips.

However, Hong Kong shares declined, dragged by weak Chinese banks after new loan growth in January cited in mainland media lagged figures reported earlier. China shares closed down 1.1 percent on Wednesday, led by large-cap shares, with investor sentiment weak. 

Asian Indices

Last Trade

Change in Points

Change in %

Shanghai Composite

2,268.08

-24.53

-1.07

Hang Seng

20,333.37

-57.12

-0.28

Jakarta Composite

3,964.98

23.28

0.59

Nikkei 225

8,809.79

7.28

0.08

Straits Times

2,904.76

-1.93

-0.07

Seoul Composite

1,959.24

3.45

0.18

Taiwan Weighted

7,549.21

32.13

0.43

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×