Victory 21
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Chinacategory · October 12, 2024 · 10:05 AM GMT+8 · 25 min ago Four of China's biggest state-owned banks announced cuts on Saturday to existing mortgage rates starting on Oct. 25, as the authorities ramp up efforts to stimulate the world's second-biggest economy.
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老Uncle
OP
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This Sat press conference lack of detail execution and time frame. I believe market will disappointed and reflect on Monday trading. Once again prove that talk is cheap
小粉红的papa
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If the China Ministry of Finance comes out on Saturday to talk nonsense, there may be a sharp decline. If the Ministry of Finance continues to support the china market, there may be another wave of increase. Looking at the candlestick chart, it is oscillating downward.You should pay attention on Saturday.
Here is what you need to know about the Chinese ''fiscal'' press conference: Chinese policymakers are applying a Western-like playbook here. Lift the stock market at all costs. And hope that's enough to loosen financial conditions and rescue the Chinese economy. But there is a problem with that. Contrary to Western societies, Chinese households have most of their wealth stored in the housing market - not in the stock market. The Chinese ec...
Victory 21 : Chinacategory · October 12, 2024 · 10:05 AM GMT+8 · 25 min ago
Four of China's biggest state-owned banks announced cuts on Saturday to existing mortgage rates starting on Oct. 25, as the authorities ramp up efforts to stimulate the world's second-biggest economy.
老Uncle OP Victory 21 : To me, conference content still 50/50 feel nia. lets see how the game continues on Monday
Victory 21 老Uncle OP :
Win more Lost less 老Uncle OP : This Sat press conference lack of detail execution and time frame. I believe market will disappointed and reflect on Monday trading. Once again prove that talk is cheap
老Uncle OP Win more Lost less :
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