West media misinterpreted, seems intentionally gave wrong information - total is 12 trillion, which is going to work for the economy.Mmarket reacted baseboards information. Should see effect on market next week.
China has approved an a 6 trillion yuan ($839 billion) program to refinance local government debt, aiming to support its slowing economy. Offshore RMB exchange rate falls to 7.180.
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SPICYDOC辣刀客
reacted to
$Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU.US)$ China has approved an a 6 trillion yuan ($839 billion) program to refinance local government debt, aiming to support its slowing economy. The plan, reported by Xinhua News Agency, offers limited details but provides some clarity for investors.
China's economic growth slowed to 4.6% in the third quarter, jeopardizing its 5% annual target. In response, policyma...
China's economic growth slowed to 4.6% in the third quarter, jeopardizing its 5% annual target. In response, policyma...
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Benzinga is putting out such low quality writing, without analyzing anything but a PE ratio, without even mentioning that it is a Chinese stock, that have great earnings, and that Chinese stocks in general is having a low PE ratio.
SPICYDOC辣刀客
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Good morning, traders. Happy Tuesday, October 22. The market fell Tuesday morning as earnings started rolling in from tech and communications companies.
My name is Kevin Travers; here are stories and animal spirits running on Wall Street today.
$Genuine Parts (GPC.US)$ fell 18%, the lowest reaching stock pulling down the S&P 500 after the auto parts firm reported earnings reported an adjusted EPS of $1.88, below ...
My name is Kevin Travers; here are stories and animal spirits running on Wall Street today.
$Genuine Parts (GPC.US)$ fell 18%, the lowest reaching stock pulling down the S&P 500 after the auto parts firm reported earnings reported an adjusted EPS of $1.88, below ...
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Not to give specific numbers is good for the market in the long wrong. Give a number now would stimulate the market to give an expectation up or down, or to price the market at a level. To keep some guessing, can reduce the volatility in the short or mid term. It confirms the long term bullishness on the level of policy support.
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SPICYDOC辣刀客
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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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SPICYDOC辣刀客
commented on
Happy Wednesday, October 9th. The market climbed following a sudden drop in Chinese stocks after no new stimulus was announced Tuesday morning. Four of eleven S&P 500 sectors fell. A second massive hurricane was hurtling toward the American South, due to hit Tampa Bay, Florida, Thursday. Here are Wednesday's mooving stonks.
$Norwegian Cruise (NCLH.US)$ was climbing after a Citi bank analyst upgraded to Buy, and a high earnings ...
$Norwegian Cruise (NCLH.US)$ was climbing after a Citi bank analyst upgraded to Buy, and a high earnings ...
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SPICYDOC辣刀客
commented on
Tuesday marked the first trading day in mainland China after the "National Day Golden Week". Disappointingly, during the press conference held by officials from the National Development and Reform Commission, no significant stimulus plan was announced as anticipated by the market. This led to some skepticism among investors regarding Beijing's policy determination, causing the main index of the A-share market, the CSI ...
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SPICYDOC辣刀客
reacted to and commented on
Good morning, traders. Happy Tuesday, October 8th. Chinese stocks are finally pulling back, alongside Crude Oil Futures. Stimulus jumps can only go so far, and analysts like George Pavel from Capex.com told Wall Street Journal the energy market is no longer expecting an all-out Israeli attack on Iran.
My name is Kevin Travers; here stonks and stories you have to hear about from Wall Street Today.
$Marathon Petroleum (MPC.US)$ fell 8%, ...
My name is Kevin Travers; here stonks and stories you have to hear about from Wall Street Today.
$Marathon Petroleum (MPC.US)$ fell 8%, ...
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