HSI dips and China spikes
Looks as though due to the China public holiday, the HSI index got priced in early before the stimulus announcement today. As the Chinese market sees even more great news regarding this stimulus announcement, the two are meeting in the middle. I'd buy this cheeky dip and hold out for a slower bull from here! good luck!
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71513705 : Investor optimism toward strong stimulus from China has thinned out as China's NDRC official spoke, mostly covering the implementation of the stimulus measures announced last week, with nothing new announced!!!
102566976 : not exactly. china stock market is bound to rise today after golden week as long as hk stock market didnt dip more than what it closed on 30 sep, before China's golden week
basically, china stock market is simply adjusting to the gains made in HK stock market after 30 sep
I bet there's a ton of arbitrage opportunities right there, not sure how it all works though