$Hang Seng Index (800000.HK)$The HSI movement is closely tied to RMB (USDCNH) movement. Since Trump's victory we have been witnessing RMB weakening from 7.09 to 7.25+ s (and dropping), HSI is unlikely to move back to Oct 2024 height in the next few months even with new bazooka stimulus from China Government.
The weakening of RMB will be excerbated by Fed's rate decision and fresh tarrif across the borders of US. The first support will be 18700 then 17800.
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🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
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Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
Thelord : Typical understanding king
933199333 : Actually just need boss open mouth. Every support break i buy abit.
Big Dipper : Another lame review!