🔥Local debt risks under control = paves the way for government to increase its balance sheet significantly to help the economy. 🔥RMB 2.3 TRILLION of special bonds made available for the rest of the year. That's just in 4Q. 🔥Will issue treasury bonds to beef up major banks' T1 capital. 🔥Sizeable one-time quota for hidden debt swap. Likely targeting property market and local government financing units. 🔥Special bonds to buy up unsold homes and unused land. (A carry ...
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recovering from overbought. correction is normal. previous hike is insane. actually this level also consider insane spike. should be cap at 49 or below by this month only normal
$JD-SW (09618.HK)$current HK market is not just JD alone but other counters like Ping An, Tencent, Baba. All moving in same direction.. Patience and buying opportunities ahead..
🔥RMB 2.3 TRILLION of special bonds made available for the rest of the year. That's just in 4Q.
🔥Will issue treasury bonds to beef up major banks' T1 capital.
🔥Sizeable one-time quota for hidden debt swap. Likely targeting property market and local government financing units.
🔥Special bonds to buy up unsold homes and unused land. (A carry ...
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