6 December 2025 | 12:50AM HKT Portfolio Strategy Research CHINA WEEKLY KICKSTART Markets gained 1%; French President Macron visited China; PSL resumed expansion to support government-led investment; Mixed PMIs in November MXCN/CSI300 gained 1.3%/1.0% this week, led by Materials/Insurance (+7.8%/+4.9%). President Xi met with French President Macron in Beijing on Dec 4. NFRA reduced capital charge on select equity investments for Chinese insurers. CSRC issued a consultation paper on the updated regulations fo ...