CN Stock MarketDetailed Quotes
000001 SSE Composite Index
- 3228.34
- +25.39+0.79%
Trading Oct 17 09:54 CST
3233.47High3210.70Low
3220.73Open3202.95Pre Close140.76MlotVolume0.71%Amplitude1782Rise143.94BTurnover3674.4052wk High351Fall3222.08Avg Price2635.0952wk Low98Flatline
Now the index price is moving around key support area and finding strong support there. The index is still bullish as long as the support area has not been broken which means global investors have confidence in China stimulus plans.
But If the index price continues to decline and break the critical support levels which means China stimulus plans will be failed and globa...
$CSI 300 Index (000300.SH)$
$SSE Composite Index (000001.SH)$
inflation will rise, currency will depreciate when the central print more and more money to facilitate the policies (which are still unknown if and when they will take place). either way is a dead end
10am Drum roll. Win, lose or draw for uncle?
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...
$FTSE China A50 Index (.FTXIN9.CN)$
$CSI 300 Index (000300.SH)$
we might see a bank credit crisis in 30 days time
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