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Express News | Shares of US-listed Chinese Stocks Are Trading Lower After China's September Exports Missed Estimates
Express News | Li Auto Down 4.7%, JD.com Down 6.4%, NIO Down 3.8%, Xpeng Down 2.5%
Express News | PDD Holdings Down 4.2%, NetEase Down 3.4%, Baidu Down 3.6%
Express News | U.S.-Listed Shares of Chinese Firms Fall Premarket Tracking Decline in Domestic Stocks
Top Gap Ups and Downs on Monday: BLCO, SIRI, ICL, HMY and More
Hong Kong stock market morning report on October 15: US-listed china concept stocks generally fell, Huang Tianyou appointed as the Chairman of the Hong Kong Securities and Futures Commission.
1. Federal Reserve Board member Waller stated that interest rates may be cut earlier if inflation falls below 2%. 2. OPEC has lowered its oil demand growth forecast for the third consecutive month, leading to a more than 2% decline in international crude oil futures prices. 3. The newly appointed Chairman of the Hong Kong Securities and Futures Commission, Huang Tianyou, stated that he will foster a sustainable and active capital market. 4. The three major U.S. stock indexes all closed higher, while china concept stocks in the popular sector generally declined.
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102180832 : The observation is the ccp seems to have much inferior finance tactics in reviving their economy , 10 years ago the Chinese are so boastful of their future . Today their youth do but even seem a glimpse of future
151872513 102180832 : It has always been like that under a communist regeme. They have slow feedback from the market, by the time they understand what it needs they will need to undo a whole lot of changes.
What the communist regeme is good at is rapidly develop an industry out of nowhere, whether it ia EVs, semiconductors, commericial planes etc...as they can direct a nations wealth into a few sectors.
But yeah, your point is totally valid.
102180832 151872513 : This time it’s totally different . No western countries want to invest in China anymore in its stock market . There are major political overtones . If one nation is so ambitious to take everything on the table and there is no negotiation, everyone else will oppose you . And the Chinese themselves are also killing themselves that their youth are also seeing a bleak future not to participate in the work till you die mentality
151872513 : I live in a western country for my entire life and I am pro democracy, but I got to be fair. it is the western countries that refuse to negotiate. These sanctions and tariffes were the results of shutting down any negotiation attempts.
As for the youths, they were actually destroyed by one child policy. Due to the culture is more family orientated than the individualism in western societies, parents there are willing to provide their children with more financial support and put up with their detachment from reality. The youths there refuse to take up any factory jobs despite there is a shortage of skilled labour in China because they can always fall back on their parents.
Their parents generation basically went into voluntary slavery in the 80s and 90s to work for US and European businesses that set up shop in China just to survive because they had nothing to fall back on.
Put it this way, my father is Chinese he had 4 other siblings, his oldest brother left home at the age of 15 to find work and forced to become independant. Because my grand parents couldn't afford to feed him anymore. My father was the fortunate one that got to leave at 18.
Image if all of them stayed home till their 30s and refused to work in labour jobs.
TWeiT : The stimulus are coming in drips and pieces. Lacking the impact market needed.
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