➡️Retail sales +4.8% (improved)✅
➡️Online retail sales +16% (big improvement)✅
➡️Property Price Index -5.9% (slightly worsened)🔻
➡️Fixed asset investment +3.4% (same)
➡️Industrial production +5.3% (slightly worsened)🔻
➡️Unemployment rate 5.0% (slightly better)✅
China’s consumer economy is picking up a great deal of momentum in October and setting the stage for a strong 4Q for the likes of $BABA-W (09988.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$

$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ YINN up 4.7% pre-market, as China announced cutting the deed tax for buyers to as low as 1% from a current level of as much as 3%.

$NVIDIA (NVDA.US)$ $NVIDIA (NVDA.US)$ i all in NVDA with my cat beside me at 111 and asked him to sleep, now i wake him up and we have to beg for food

$PDD Holdings (PDD.US)$ Start with higher lows, lower lows (to begin the downward 📉 channel), oscillate to 85-90 and then rebound. At that time, it's the opportunity to escape, don't give the group any more chances.

$NIO Inc (NIO.US)$ 44 Registration in a month in Germany that too before the extra tarrif kicked in.  What will NiO do after the extra tarrif? such a disappointing  number after 2 years of business in Germany  shows that NiO's Europe plan is an absolute  failure. https://carnewschina.com/2024/07/04/chinas-ev-registrations-in-germany-in-june-nio-44-byd-425-mg-5158/

$NIO Inc (NIO.US)$ All the gains achieved due to the EV sector strength provided by Tesla in last few days are erased in a single shot.

Let's visit Nio and it is impressive  F2 and it's products- YouTube