In Hong Kong, the benchmark Hang Seng Index rose 0.56% after plunging to an eight-month closing low a day earlier. The Hang Seng China Enterprises Index was up 1.25%
However, with April PPI coming in at 6.8% y/y and expected to shoot up to 8% in the next few months, the government is clearly concerned about inflation risks, MS added.
The smaller Shenzhen index was up 0.79%, the start-up board ChiNext Composite index was higher by 1.4% and Shanghai's tech-focused STAR50 index was up 0.84%?.
