Spinee wrote a post · Jan 5 18:23

Here's what happened in China's markets in last trade day (1/4):

1. December Sell-Off in Chinese Equities:
Morgan Stanley reports global long-only funds rapidly sold Chinese and Hong Kong stocks.
Clients redirecting funds to other regions due to underperformance in China markets.
Estimated net outflow of $3.8 billion from China and Hong Kong markets.

$iShares MSCI Hong Kong ETF (EWH.US)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$

2. New Policies for NEV-Grid Integration in China:
NDRC works on integrating new energy vehicles (NEVs) with the national power grid.
Focus on supporting high-quality charging infrastructure and implementing dynamic power tariffs.
China, the world's largest NEV market, sold 8.88 million NEVs in 2023, with a penetration nearing 40%.

$BYD COMPANY (01211.HK)$ $BYD Company Limited (002594.SZ)$ $LI AUTO-W (02015.HK)$ $Li Auto (LI.US)$ $Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$ $XPeng (XPEV.US)$ $XPENG-W (09868.HK)$ $GEELY AUTO (00175.HK)$ $GEELY AUTO-R (80175.HK)$

3. TikTok Adjusts E-commerce Fees:
TikTok raises fees on e-commerce services after a period of rapid growth.
Commissions increased by 4X to 8%, plus 30 US cents per transaction.
Reduction in subsidies to merchants, potentially preparing for an IPO.

$KUAISHOU-W (01024.HK)$ $Amazon (AMZN.US)$ $PDD Holdings (PDD.US)$ $Sea (SE.US)$ $ByteDance (FT0001)$ $ByteDance Ecosystem (LIST1266.HK)$

4. Positive Economic Indicators for China's Private Sector:
China Caixin Manufacturing PMI reaches 50.8 in December, signifying expansion.
China Caixin Services PMI records 52.9, exceeding expectations and indicating sector growth.
Likely tied to year-end consumer spending and domestic tourism growth.

$iShares China Large-Cap ETF (FXI.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BABA-W (09988.HK)$ $Alibaba (BABA.US)$ $MEITUAN-W (03690.HK)$ $Meituan(ADR) (MPNGF.US)$ $Yum China (YUMC.US)$

5. China's Air Travel Resurgence in 2023:
Chinese air passengers reach 610 million in 2023, a 146% increase from 2022.
Cargo growth at 21%, reaching 7.35 million tonnes.
Air travel rebounds with the full resumption of travel and domestic tourism promotion.

$Trip.com (TCOM.US)$ $GreenTree Hospitality (GHG.US)$ $H World Group (HTHT.US)$

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麦克斯007 : All the good news but bloody sell offs

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Spinee OP 麦克斯007 :

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MonkeyGee : 3.8B is a rounding error for china

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patricklowck123 : when all major western fund left china related stocks will start to rise..

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Spinee

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