China’s economic performance has been gloomy and generally below the market’s consensus. The National Bureau of Statistics of China had released July’s CPI , YoY -0.3% , a slightly bit better than market’s expectation of -0.4% . This is the first time China fell into deflation since early 2021. Most of the news circulating out there were portraying this set of data badly , but the MoM increment in CPI was neglected by the market. From the chart abov...
China had just released one of it’s vital economy data , PMI , this morning. PMI is an indicator that summarizes whether the economy is expanding, staying the same, or contracting as viewed by purchasing managers. Albeit the manufacturing PMI is still below 50 , but it has risen to the highest level since four months ago , while on the other hand , non-manufacturing continue to slide although still above 50 The Chinese government has just conducted Politburo meeting on 24/...
razo2 :
China had been in a silent lockdown recession already for 3 solid years. so they have the cash reserves to buffer for now. US market is also tied to their manufacturing, if US falls China will fall also. but who can recover faster from the recession, I give china the lead in this one.
razo2搞经济 抄底 加仓OP:
GDP is positive doesn't mean they are going to agree paying for US debts. this is clearly said in many economic meetings between China and US. where China practically told US to clean their shit up in their debt and US have no way to reply back. China is just like any businessman, they looking for secured trade and business. not bailing out greedy banks. look at Evergrand, did the china government bail them out? that is the correct thing to do.
Hong Kong stocks sank more than one per cent at the open Thursday, dragged by tech stocks and after minutes from the Federal Reserve latest meeting showed officials see a recession. $Hang Seng Index(800000.HK)$shed 1.63 per cent, or 331.90 points, to 19,977.96. $SSE Composite Index(800146.HK)$shed 0.18 per cent, or 5.91 points, to 3,321.27, while$SZSE COMPOSITE INDEX(399106.SZ)$on China’s second exchange lost 0.29 per cent, or 6.30 points, to 2,140.86.
China’s onshore stock market had its busiest day for initial public offerings (IPOs) in 16 months, with 10 companies rallied by at least 48 per cent on their first day of trading in Shanghai and Shenzhen. The 10 firms represented the first batch of mainboard listings approved under a registration-based mechanism. It marked the most number of stock debuts on a single day since November 15, 2021, wh...
Hong Kong stocks jumped more than one per cent at the open on Tuesday morning, following a positive Wall Street lead as investors returned to the trading floor after a long Easter weekend. $Hang Seng Index(800000.HK)$rallied 1.16 per cent, or 235.39 points, to 20,566.59. $SSE Composite Index(800146.HK)$ticked up 0.05 per cent, or 1.72 points, to 3,317.08, while$SZSE COMPOSITE INDEX(399106.SZ)$on China’s second exchange was flat, dipping 0.78 points to 2,...
Hong Kong’s financial market is closed up to next Tuesday for the Easter holiday. $SSE Composite Index(800146.HK)$added 0.4 per cent to 3,324.40 at the break, heading for the highest close since March 3. The benchmark has risen 1.6 per cent this week, its fourth straight weekly gain. The Shenzhen Composite Index advanced 0.8 per cent. Healthcare and...
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whqqq :
I hope they will maintain their upward trend.
Most of the news circulating out there were portraying this set of data badly , but the MoM increment in CPI was neglected by the market.
From the chart abov...
PMI is an indicator that summarizes whether the economy is expanding, staying the same, or contracting as viewed by purchasing managers.
Albeit the manufacturing PMI is still below 50 , but it has risen to the highest level since four months ago , while on the other hand , non-manufacturing continue to slide although still above 50
The Chinese government has just conducted Politburo meeting on 24/...
Meanwhile, UPs are more than DOWNs.
$Shenzhen Component Index(399001.SZ)$ $SZSE COMPOSITE INDEX(399106.SZ)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $BABA-SW(09988.HK)$ $HSBC HOLDINGS(00005.HK)$ $BIDU-SW(09888.HK)$ $TENCENT(00700.HK)$ $BANK OF CHINA(03988.HK)$
$China International Capital Corporation(601995.SH)$ $SSE Composite Index(800146.HK)$ $Shenzhen Component Index(399001.SZ)$ $SZSE COMPOSITE INDEX(399106.SZ)$ $Hang Seng Index(800000.HK)$ $HSBC HOLDINGS(00005.HK)$ $Hong Kong Based Banks(LIST1252.HK)$ $BANK OF CHINA(03988.HK)$ $ICBC(01398.HK)$
GDP positive ✨️
$SZSE COMPOSITE INDEX(399106.SZ)$
$SZSE COMPOSITE INDEX(399106.SZ)$
$Hang Seng TECH Index(800700.HK)$
$Hang Seng Index(800000.HK)$
Turnover in both Shanghai and Shenzhen markets has exceeded 1 trillion yuan for ten consecutive days.
$Hang Seng H-Share Index ETF(02828.HK)$ $Hang Seng Index(800000.HK)$ $Hang Seng TECH Index(800700.HK)$ $Shenzhen Component Index(399001.SZ)$ $SZSE COMPOSITE INDEX(399106.SZ)$ $HKEX(00388.HK)$ $NASDAQ Golden Dragon China(.HXC.US)$
$Hang Seng Index(800000.HK)$ shed 1.63 per cent, or 331.90 points, to 19,977.96.
$SSE Composite Index(800146.HK)$ shed 0.18 per cent, or 5.91 points, to 3,321.27, while $SZSE COMPOSITE INDEX(399106.SZ)$ on China’s second exchange lost 0.29 per cent, or 6.30 points, to 2,140.86.
The 10 firms represented the first batch of mainboard listings approved under a registration-based mechanism. It marked the most number of stock debuts on a single day since November 15, 2021, wh...
$Hang Seng Index(800000.HK)$ rallied 1.16 per cent, or 235.39 points, to 20,566.59.
$SSE Composite Index(800146.HK)$ ticked up 0.05 per cent, or 1.72 points, to 3,317.08, while $SZSE COMPOSITE INDEX(399106.SZ)$ on China’s second exchange was flat, dipping 0.78 points to 2,...
$SSE Composite Index(800146.HK)$ added 0.4 per cent to 3,324.40 at the break, heading for the highest close since March 3. The benchmark has risen 1.6 per cent this week, its fourth straight weekly gain. The Shenzhen Composite Index advanced 0.8 per cent.
Healthcare and...
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