$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ why...
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ why is HSI dropping? is the stimulus not enough??
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狮城股羊 : some said fiscal package below expectation
骰神☀王八 : Not as expected, the opening price gapped down.
RC84 : They bluff too much first. It’s good if they say 5 T and release 6 T. However, they like to bluff 10 T first.
狮城股羊 骰神☀王八 : It seems like this is the conclusion of the meeting.
狮城股羊 RC84 : yes, now only 6T instead of 10T…
151859571 狮城股羊 : The main foreign media have set expectations too high. It's a bit short of expectations now, but I think it should still rise next week
RC84 狮城股羊 : Weird. But I saw some news report this year total 4T (5year)+6T = 10T
WTF. No one know what’s happening or everyone misunderstand their meaning.
狮城股羊 : Minister of Finance, Lan Foan, introduced at the press conference of the twelfth meeting of the Fourteenth National People's Congress Standing Committee held on November 8th that starting from 2024, China will allocate 800 billion yuan each year from the newly added local government special bonds for five consecutive years, specifically for debt reduction, with a cumulative replacement of implicit debt of 4 trillion yuan. Together with the 6 trillion yuan debt limit approved by the National People's Congress Standing Committee this time, it directly increases local debt resources by 10 trillion yuan.
狮城股羊 RC84 : i think the politburo authorises 6T to increase into 10T of debts. i have no fugging clue know what that means.. lol.
RC84 狮城股羊 : Very strange. Maybe he has some issues in his speech. The news reported that the special local bonds were just 1 trillion. Where is the misunderstanding? Only then will it cause a crazy sell-off in the futures market. If it's a misunderstanding, we have to come in with money at the opening tonight to speak. Otherwise, there's no point in releasing news. In the stock market, money talks.
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