$Hang Seng TECH Index (800700.HK)$ Key Points: Nasdaq and S&P 500 drop as rising Treasury yields trigger profit-taking ahead of the year-end. BTC pullback adds pressure. China's PBoC signals possible rate cuts, aiming to bolster the economy through lower borrowing costs and fiscal support. Hang Seng Index declines as US Treasury yields rise; Mainland China stocks gain on policy optimism despite US tariffs. Hang Seng and Nikkei: US Sell-Off and Rising Yields Set Risk-Off Tone in Asia $Hang Seng Index (800000.HK)$$HSI Futures(JAN5) (HSImain.HK)$
$Hang Seng TECH Index (800700.HK)$ China's January to November industrial profit fell by 4.7% y/y to 6.67 trillion yuan.-NBS Nov. profit fell by 7.3% y/y vs. fell by 10.0% in Sept. For January-November: China's state-holding enterprises' profit dropped by 8.4% y/y to 2.039 trillion yuan Joint-equity's profit down by 5.7% to 5.014 trillion yuan Foreign ventures+🇭🇰+🇲🇴+TW -0.8% to 1.606 trillion yuan Private enterprises -1.0% to 1.965 trillion yuan China's January to November industrial profit fell ...
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五代雄杰
:
Jialat sia everything below prev . Maybe playing bear is better. Am a bull for many years still no rewards
Cui Nyonya Kueh
OP
五代雄杰
:
Last week i mentioned a short term potential uptrend is formed. Rmb it's a p&d. So rmb to lock profits and don't get greedy. The next rally could be CNY liao, unless they announce any upcoming news.
五代雄杰
Cui Nyonya Kueh
OP
:
Thank you for your insightful sharing. I normally don't trade in and out and just look at my account once in awhile. But I guess I'll put a comfortable stop loss to limit potential losses.
$HSI Futures(JAN5) (HSImain.HK)$来了 来了 CHINA'S STATS BUREAU: AT END-2023, LEGAL ENTITIES IN SECONDARY AND TERTIARY INDUSTRIES AT 33.27 MILLION, UP 52.7% FROM END-2018 AT END-2023, THERE WERE 428.98 MILLION PEOPLE EMPLOYED IN THE SECONDARY AND TERTIARY INDUSTRIES, UP 11.9% FROM END-2018 TOP THREE LARGEST SECTORS WERE WHOLESALE AND RETAIL TRADE, LEASING AND BUSINESS SERVICES, AND MANUFACTURING TOP THREE SECTORS IN TERMS OF EMPLOYMENT WERE MANUFACTURING, WHOLESALE AND RETAIL TRADE, AND C...
狮城牧羊人
:
did you have an Indian to translate it for you again? qte The fifth national economic census: By the end of 2023, there were 33.27 million legal entities engaged in secondary and tertiary industry activities in China, an increase of 52.7% over the end of 2018. There were 428.984 million employees, an increase of 11.9%; there were 87.995 million individual businesses, with 179.564 million employees. unqte
Cui Nyonya Kueh
OP
103094266
:
It does not explicitly mention the 5% GDP growth target. However, the revised GDP figures (up to 129.4 trillion yuan, a 2.7% increase) and the broader economic metrics discussed suggest efforts to present an improved economic outlook, potentially supporting China's 5% growth target indirectly. May need to find another reference to cross check again.
Cui Nyonya Kueh
OP
:
I have indian followers, colleagues and moomoo friends who are indian and I don't think we need to play the race card here ok. No need to be so saltish.
As 2024 draws to a close, the year has been marked by a succession of pivotal global events. Financial markets saw significant volatility, with various asset classes posting notable performances. The U.S. stock market, in its second bullish year, repeatedly shattered records. Nvidia claimed the crown, tech giants reigned supreme, and AI continued to fuel the market's ascent. Globally, interest rates took a downturn amidst ongoing g...
China’s State-Owned Assets Supervision and Administration Commission (SASAC) issued guidelines aimed at improving and strengthening the market value management of central SOE-controlled listed companies. The document emphasized making market value management a long-term strategic priority. It outlined six areas for improvement: mergers and acquisitions, market-oriented reforms, information disclosure, investor relat...
Key Points:
Nasdaq and S&P 500 drop as rising Treasury yields trigger profit-taking ahead of the year-end. BTC pullback adds pressure.
China's PBoC signals possible rate cuts, aiming to bolster the economy through lower borrowing costs and fiscal support.
Hang Seng Index declines as US Treasury yields rise; Mainland China stocks gain on policy optimism despite US tariffs.
Hang Seng and Nikkei: US Sell-Off and Rising Yields Set Risk-Off Tone in Asia
$Hang Seng Index (800000.HK)$ $HSI Futures(JAN5) (HSImain.HK)$
China's January to November industrial profit fell by 4.7% y/y to 6.67 trillion yuan.-NBS
Nov. profit fell by 7.3% y/y vs. fell by 10.0% in Sept.
For January-November:
China's state-holding enterprises' profit dropped by 8.4% y/y to 2.039 trillion yuan
Joint-equity's profit down by 5.7% to 5.014 trillion yuan
Foreign ventures+🇭🇰+🇲🇴+TW -0.8% to 1.606 trillion yuan
Private enterprises -1.0% to 1.965 trillion yuan
China's January to November industrial profit fell ...
CHINA'S STATS BUREAU:
AT END-2023, LEGAL ENTITIES IN SECONDARY AND TERTIARY INDUSTRIES AT 33.27 MILLION, UP 52.7% FROM END-2018
AT END-2023, THERE WERE 428.98 MILLION PEOPLE EMPLOYED IN THE SECONDARY AND TERTIARY INDUSTRIES, UP 11.9% FROM END-2018
TOP THREE LARGEST SECTORS WERE WHOLESALE AND RETAIL TRADE, LEASING AND BUSINESS SERVICES, AND MANUFACTURING
TOP THREE SECTORS IN TERMS OF EMPLOYMENT WERE MANUFACTURING, WHOLESALE AND RETAIL TRADE, AND C...
CHINA TO HOLD PRESS CONFERENCE ON DEC 26 TO ANNOUNCE NATIONAL ECONOMIC CENSUS RESULTS.
$Hang Seng Index (800000.HK)$ $HSI Futures(JAN5) (HSImain.HK)$
$Hang Seng TECH Index (800700.HK)$ $HSI Futures(JAN5) (HSImain.HK)$
CHINESE PREMIER: #CHINA'S ECONOMIC AND SOCIAL DEVELOPMENT WILL FACE MANY DIFFICULTIES AND CHALLENGES NEXT YEAR. ACCELERATE THE IMPLEMENTATION OF PLANNED TASKS.
$Hang Seng Index (800000.HK)$ $HSI Futures(JAN5) (HSImain.HK)$
The U.S. stock market, in its second bullish year, repeatedly shattered records. Nvidia claimed the crown, tech giants reigned supreme, and AI continued to fuel the market's ascent. Globally, interest rates took a downturn amidst ongoing g...
$Tencent (TCEHY.US)$ $China Concept Stocks (LIST2517.US)$ $Hang Seng TECH Index (800700.HK)$
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