prolohz
commented on
$Hang Seng Index (800000.HK)$ Anyone know the confimed date for the next week meeting?
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Watching videos of people recounting true ghost stories definitely one of the best 😎
prolohz
liked
"...details of fiscal stimulus will undergo a legal process and will be announced after the conclusion of the National People’s Congress session"
$BANK OF CHINA (03988.HK)$ $Bank Of China (601988.SH)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
$BANK OF CHINA (03988.HK)$ $Bank Of China (601988.SH)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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prolohz
voted
Should we Buy the dip, or clear the ship?
As for the sudden surge that happened today in Chinese assets, here is something that I collected from investors and analysts surrounding
Market Surge
Today, China's stock market saw a significant surge, driven by four key factors:
Policy: The People's Bank of China has reiterated its commitment to interest rate cuts and announced a substantial SFISF application of 200 billion yuan. They also emphas...
As for the sudden surge that happened today in Chinese assets, here is something that I collected from investors and analysts surrounding
Market Surge
Today, China's stock market saw a significant surge, driven by four key factors:
Policy: The People's Bank of China has reiterated its commitment to interest rate cuts and announced a substantial SFISF application of 200 billion yuan. They also emphas...
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prolohz
commented on
$PDD Holdings (PDD.US)$So shameless, which intern can't even distinguish between common stock and ADR. The masses who chased the high are suffering.
Translated
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prolohz
liked
China DOES NOT need a $1-2 trillion fiscal stimulus to save its economy.
Yes, most of Chinese household wealth is in real estate. And for the longest time, this contributed the most to rising wealth beyond doing business.
I also agree that fiscal stimulus is the best thing Beijing can do right now for its economy.
But here’s what happened in the past 5-7 years. (Sorry for the long thread)
1. The US launched a trade war and economic war aga...
Yes, most of Chinese household wealth is in real estate. And for the longest time, this contributed the most to rising wealth beyond doing business.
I also agree that fiscal stimulus is the best thing Beijing can do right now for its economy.
But here’s what happened in the past 5-7 years. (Sorry for the long thread)
1. The US launched a trade war and economic war aga...
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prolohz
Set a live reminder
$Hang Seng Index (800000.HK)$ $Hang Seng TECH Index (800700.HK)$
Press briefing on China's fiscal policy and economy is scheduled for October 11 at 10:00 PM ET /October 12 at 10:00 AM SGT/October 12 at 1:00 PM AEDT. Subscribe to join the live NOW!
Finance Minister Lan Foan will discuss the topic of "Enhancing Counter-cyclical Adjustment of Fiscal Policy and Promoting High-quality Economic Development" and will be available to answer questions from ...
Press briefing on China's fiscal policy and economy is scheduled for October 11 at 10:00 PM ET /October 12 at 10:00 AM SGT/October 12 at 1:00 PM AEDT. Subscribe to join the live NOW!
Finance Minister Lan Foan will discuss the topic of "Enhancing Counter-cyclical Adjustment of Fiscal Policy and Promoting High-quality Economic Development" and will be available to answer questions from ...
Press briefing on China's fiscal policy and economy
Oct 11 21:00
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prolohz
voted
Hello Mooers!
The Chinese stock market has plunged more than 10% in these two days.
Some Mooers may be shocked by such a terrified quake, while some Mooers believe that this plunging is inevitable because of 'buy the rumor, sell the news'.
A group of Mooers believe that this is a health pullback , while another group of Mooers believe that the Chinese stocks are uninvestable.
Regardless of what may happen to the Chinese ...
The Chinese stock market has plunged more than 10% in these two days.
Some Mooers may be shocked by such a terrified quake, while some Mooers believe that this plunging is inevitable because of 'buy the rumor, sell the news'.
A group of Mooers believe that this is a health pullback , while another group of Mooers believe that the Chinese stocks are uninvestable.
Regardless of what may happen to the Chinese ...
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prolohz
Set a live reminder
The State Council Information Office of People's Republic of China will hold a press conference at 10:00 PM ET, October 7 / 10:00 AM SGT, October 8 / 12:00 PM AEST, October 8, on the topic of systematically implementing a package of incremental policies to solidly promote economic growth, structural optimization and sustained momentum of development.
$Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng China Affiliated Corporations Index (800151.HK)$ $SSE Composite Index (000001.SH)$ $Shenzhen Component Index (399001.SZ)$ $Chinext Price Index (399006.SZ)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $NASDAQ Golden Dragon China (.HXC.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $China Concept Stocks (LIST2517.US)$
$Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$ $Hang Seng TECH Index (800700.HK)$ $Hang Seng China Affiliated Corporations Index (800151.HK)$ $SSE Composite Index (000001.SH)$ $Shenzhen Component Index (399001.SZ)$ $Chinext Price Index (399006.SZ)$ $Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $Direxion Daily FTSE China Bear 3X Shares ETF (YANG.US)$ $NASDAQ Golden Dragon China (.HXC.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $China Concept Stocks (LIST2517.US)$
prolohz : 4 to 8 Nov. Stimulus will likely only be announced on 8th Nov