October 18, 2024, Financial Street Forum annual meeting opened today, the theme is “trust and confidence - discuss financial openness and cooperation to share economic stability and development”. Central Bank Governor Pan Gongsheng, State Administration of Financial Supervision and Administration Director Li Yunze, Securities and Futures Commission Chairman Wu Qing, and foreign exchange bureau chief Zhu...
1. Tuesday: China’s stimulus measures announced by the National Development and Reform Commission (NDRC) lacked detail and were seen as underwhelming by many investors. 2. Saturday: There is renewed optimism after the Ministry of Finance held a press conference announcing the following new policies: • Allocate 400 billion yuan (US$56.57 billion) from the local government debt balance limit to expand local financial resources. • Tap into an unused bond quota of ...
102180832
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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
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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
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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
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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.
Settlement
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Due to operational factors, the anticipated price range of 23-24 did not attract any institutions to take positions. It may freely drop back to the normal level around 15.
Updated on October 18 Hong Kong and mainland China stock markets saw a strong rebound on Friday, driven by a series of positive announcements from the central bank, which reinforced its commitment to market support. The$CSI 300 Index (000300.SH)$jumped by as much as 3.7%, reversing three days of losses. The People’s Bank of China launched a specialized re-lending facility to help companies buy back shares, along with a swap f...
HSBC Global Research has highlighted earnings growth quality and valuation opportunities in China's internet industry, maintaining a Buy rating for$MEITUAN-W (03690.HK)$,$TENCENT (00700.HK)$, and$BABA-W (09988.HK)$. Despite macroeconomic challenges, Meituan's earnings remain strong, while Tencent’s revenue shift towards higher-margin sectors and cost discipline boost growth. Alibaba is expected to benefit...
Lonewolfcow
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lol always bullish So time to buy baidu then when the big institutions downgrades something it’s another word for saying: sell it so we can buy & hold.
The Middle East is in the midst of escalating violence, with Israel preparing a major retaliation against Iran following recent missile attacks. The region-wide crisis is intensifying, involving Israel, Iran, Hezbollah, and Gaza, with strikes continuing in Lebanon, Syria, and Gaza. Here’s what this means for your investments: 🛢 Oil Prices Could Rise As tensions grow, oil prices are expected to spike due to concerns about supply disruptions, ...
Tan_Talk_Sense
OP
黑客淘金者
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Not optimistic, I no longer hold any technology stocks myself, put the money in a safe place first, the situation is unclear.
Mafiosa818 :