Derrick_98
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Key Points:
China-focused ETFs and U.S.-listed Chinese stocks surged Tuesday after Beijing announced a broad stimulus package to revive its economy.
The iShares MSCI China ETF ( $iShares MSCI China ETF (MCHI.US)$ ) and iShares China Large-Cap ETF ( $iShares China Large-Cap ETF (FXI.US)$ ) both jumped around 6%.
The stimulus includes cuts in short-term interest rates, lower mortgage rates, and plans to inject 800 billion yuan ($114 b...
China-focused ETFs and U.S.-listed Chinese stocks surged Tuesday after Beijing announced a broad stimulus package to revive its economy.
The iShares MSCI China ETF ( $iShares MSCI China ETF (MCHI.US)$ ) and iShares China Large-Cap ETF ( $iShares China Large-Cap ETF (FXI.US)$ ) both jumped around 6%.
The stimulus includes cuts in short-term interest rates, lower mortgage rates, and plans to inject 800 billion yuan ($114 b...
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Derrick_98
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$JD.com (JD.US)$
if the gov wants it to be up it goes up
if down then down
guess wat
they want it up
zoom out it has been in the lows for so long imagine it goes back to ath
if the gov wants it to be up it goes up
if down then down
guess wat
they want it up
zoom out it has been in the lows for so long imagine it goes back to ath
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Derrick_98
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Retail sales of goods were 2.77 trillion yuan, which rose by 1.9%y/y; (narrowed)
Total revenue for the catering industry was 435.1 billion yuan, which rose 3.3%. (narrowed).
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $PDD Holdings (PDD.US)$ $Pinduoduo Concept (LIST0724.SH)$ $JD-SW (09618.HK)$ $JD.com (JD.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$
Total revenue for the catering industry was 435.1 billion yuan, which rose 3.3%. (narrowed).
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $PDD Holdings (PDD.US)$ $Pinduoduo Concept (LIST0724.SH)$ $JD-SW (09618.HK)$ $JD.com (JD.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$
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Contrary to what other people are saying about Hong Kong, it's still a magnet for innovative companies from all around the world looking to set up in a country with low taxes, friendly business policies, and access to the world's biggest market.
It's still getting a good deal of business from the UK, US, France, Australia, and Germany.
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Meituan ADR (MPNGY.US)$ $MEITUAN-W (03690.HK)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$
It's still getting a good deal of business from the UK, US, France, Australia, and Germany.
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $Meituan ADR (MPNGY.US)$ $MEITUAN-W (03690.HK)$ $JD.com (JD.US)$ $JD-SW (09618.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$
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Derrick_98
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$Rivian Automotive (RIVN.US)$ tanking! Can it go any lower?
Derrick_98
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$Super Micro Computer (SMCI.US)$ Bull trap
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1) Expanding the transborder investment channel called Bond Connect between Hong Kong and the mainland's financial markets, starting on February 26.
2) Bonds under Bond Connect will be included as Eligible Collateral for HKMA's yuan liquidity arrangement, starting on February 26.
3) Foreign investors can participate more in domestic bond repurchase businesses.
4) Will ease cross-border payment rules within the Greater Bay Area...
2) Bonds under Bond Connect will be included as Eligible Collateral for HKMA's yuan liquidity arrangement, starting on February 26.
3) Foreign investors can participate more in domestic bond repurchase businesses.
4) Will ease cross-border payment rules within the Greater Bay Area...
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Derrick_98
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Hi, mooers. Welcome back to Mooers' Stories, where we present mooers' insights and experiences. Investing for some can be a long-term journey, while trading can be associated with probabilities. No matter which technique you prefer, there should always be a method behind your madness regarding where you put your money. This time, we invited @RJBoy, a value investor and momentum trader, to share his investing strategies and valuable experience. Hope you enjoy the epi...
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Derrick_98
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A little over half of the respondents in a Rasmussen survey rated President Biden's handling of the U.S. economy as "poor," and they appear not to accept Biden's explanation of whose fault high gasoline prices are.
The U.S. President has blamed Russian President Vladimir Putin and oil companies for the fuel price increase, with White House official communication referring to it as Putin's Price Hike.
Apparently, this is not go...
The U.S. President has blamed Russian President Vladimir Putin and oil companies for the fuel price increase, with White House official communication referring to it as Putin's Price Hike.
Apparently, this is not go...
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