This is my simple monthly chart analysis of$SSE Composite Index (000001.SH)$. 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...
小粉红的papa
川大
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The US Department of the Treasury is asking china to directly give money to the people for consumption, but it seems that the Chinese Communist Party is not very willing. Printing so much money will lead to inflation, but will salaries increase after prices rise?
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.
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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...
103713233 : Da A touched bottom and rebounded, officially opening the bull market.
102159783 103713233 : already lost
73574609 103713233 : In the wind and rain, 2800 is waiting for you.