CN Stock MarketDetailed Quotes
399001 Shenzhen Component Index
- 11430.22
- +41.65+0.37%
Market to Open Nov 12 09:30 CST
11430.22High11430.22Low
11430.22Open11388.57Pre Close13.25MlotVolume0.00%Amplitude278Rise15.54BTurnover11864.1152wk High138Fall11430.22Avg Price7683.6352wk Low84Flatline
$Shenzhen Component Index (399001.SZ)$ $SSE Composite Index (800146.HK)$ $HKEX (00388.HK)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$
This fund would aim to promote market stability by buying blue-chip stocks and ETFs at low prices and selling them at higher prices, thereby helping to balance the market.
$BANK OF CHINA (03988.HK)$ $Bank Of China (601988.SH)$ $HKEX (00388.HK)$ $SSE Composite Index (800146.HK)$ $Shenzhen Component Index (399001.SZ)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$
FX SETTLEMENT RATIO SEES ORDERLY REBOUND RECENTLY, FX SALES RATIO EXPERIENCES STEADY DECLINE.
FOREIGN OWNERSHIP OF CHINESE YUAN BONDS SURPASSES $640 BILLION, REACHING RECORD HIGH.
Key points from the SAFE press conference
$Shenzhen Component Index (399001.SZ)$ CLOSED UP 1.09%, AT 10470.91
$CSI 300 Index (000300.SH)$ CLOSED UP 0.25%, AT 3935.2
$Chinext Price Index (399006.SZ)$ CLOSED UP 0.69%, AT 2210.34.
THE HONG KONG STOCK MARKET CLOSED LOWER ON MONDAY, $Hang Seng Index (800000.HK)$ FELL BY 1.57% AND TECH WAS DOWN BY 2.37%.
CHIPMAKERS AND PHARMACEUTICAL FACTORIES ARE DOWN, $SMIC (00981.HK)$ DROPPED 2.15% AND CHINA TRADITI...
However, it’s worth noting that global equities just triggered a sell signal from Bank of America, the first time since February 2021...
$SSE Composite Index (800146.HK)$ $China Universal SSE Composite ETF (510980.SH)$ $Shenzhen Component Index (399001.SZ)$ $SZ COMPONENT ETF (159943.SZ)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
This is the biggest effort yet from the central government. There are reasons to believe that these CGBs can be front loaded to cushion the downside, instead of being issued evenly over three years. In 2015-2018, the quota was 5 trillion yuan.
There is much misunderstanding regarding these numbers...
$Hang Seng Index (800000.HK)$ $Shenzhen Component Index (399001.SZ)$ $SSE Composite Index (800146.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $Hang Seng Index (800000.HK)$
$KraneShares CSI China Internet ETF (KWEB.US)$ $SSE Composite Index (800146.HK)$ $Shenzhen Component Index (399001.SZ)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $Hang Seng TECH Index (800700.HK)$
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...
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