🔥Re-lending and Swap Facility: The People’s Bank of China launched initiatives to support stock buybacks and provide liquidity for investors to purchase stocks.$Alibaba (BABA.US)$$BABA-W (09988.HK)$$PDD Holdings (PDD.US)$$JD.com (JD.US)$ Fiscal Stimulus Announcement (Oct 12, 2024): China’s finance ministry announced new fiscal measures to boost the economy and achieve growth targets, but details on the package size were not disclosed. Counter-Cyclical Adjustment: This term refers to policies that stabilize economic cycles.Main Fiscal Policy Measures: 1.Debt Limit Increase: Raising the debt limit to help local governments manage hidden debts and support economic growth. 2. Special Bonds for Banks: Issuing bonds to strengthen state-owned banks’ capital, boosting their ability to support the economy. ->Strengthening state-owned banks 🔥$ICBC (01398.HK)$$BANK OF CHINA (03988.HK)$$CCB (00939.HK)$ 3. Real Estate Market Support: Using bonds and policies to stabilize the housing market by allowing the purchase of existing properties and land. ->Stabilizing the real estate sector through strategic measures.$CHINA VANKE (02202.HK)$ 4.Additional Fiscal Flexibility: The government has room to increase borrowing and deficits, though specific amounts remain undisclosed.$China Railway Construction Corporation (601186.SH)$$China Railway (601390.SH)$$China Communications Construction (601800.SH)$ 🚀 Analysts predict China may introduce up to 2 trillion yuan in stimulus before 2025. Positive policy signals suggest continued support for the economy, but officials aim to avoid a speculative market boom by managing the pace of policy releases. Don’t miss out this:$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
Huang he
:
China will not have a normal stock market. First of all, when will Futu and Tiger be liberated? Will they be legalized? Secondly, when can we freely post?
炒股混饭
Huang he
:
You will not wait for this day in this lifetime, nor need to dwell on this day. Be bullish if you are optimistic, be bearish if you are not, don't feel guilty about money.
BIR : That's just getting vaccinated. It won't work after a few more shots.
Huang he : China will not have a normal stock market. First of all, when will Futu and Tiger be liberated? Will they be legalized? Secondly, when can we freely post?
炒股混饭 Huang he : You will not wait for this day in this lifetime, nor need to dwell on this day. Be bullish if you are optimistic, be bearish if you are not, don't feel guilty about money.
Brianjh : Thanks for the info
Huang he 炒股混饭 : The stock market is not a casino, investing is not gambling.
Bear Bear Craig OP Huang he : True