$Tesla (TSLA.US)$ Here comes the dump…seems like this market cannot sustain any rally when so many people take profits all the time once it bounces off slightly.
$Futu Holdings Ltd (FUTU.US)$ $Alibaba (BABA.US)$
There’s no more hope for China economy…
“The Chinese metropolis of Chengdu will lock down its 21 million residents to contain a Covid-19 outbreak, a seismic move in the country’s vast Western region that has largely been untouched by the virus.”
Chengdu Lockdown
There’s no more hope for China economy…
“The Chinese metropolis of Chengdu will lock down its 21 million residents to contain a Covid-19 outbreak, a seismic move in the country’s vast Western region that has largely been untouched by the virus.”
Chengdu Lockdown
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https://www.reuters.com/world/china/china-cuts-reserve-requirements-banks-economy-slows-2022-04-15/
“China said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year, releasing about 530 billion yuan ($83.25 billion) in long-term liquidity to cushion a sharp slowdown in economic growth.”
$Futu Holdings Ltd (FUTU.US)$
$Alibaba (BABA.US)$
“China said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year, releasing about 530 billion yuan ($83.25 billion) in long-term liquidity to cushion a sharp slowdown in economic growth.”
$Futu Holdings Ltd (FUTU.US)$
$Alibaba (BABA.US)$
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https://www.bloomberg.com/news/articles/2022-04-06/china-vows-to-use-monetary-policy-tools-at-appropriate-time
“China signaled it will step up monetary stimulus for the economy, acknowledging that domestic and global risks are now bigger than previously expected.
Officials will use multiple monetary policy tools at an “appropriate time” to support the real economy, according to a readout from a meeting of the State Council chaired by Premier Li Keqiang on Wednesday.”
Maybe Chinese stocks soon fl...
“China signaled it will step up monetary stimulus for the economy, acknowledging that domestic and global risks are now bigger than previously expected.
Officials will use multiple monetary policy tools at an “appropriate time” to support the real economy, according to a readout from a meeting of the State Council chaired by Premier Li Keqiang on Wednesday.”
Maybe Chinese stocks soon fl...
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