0.042High0.038Low750.00KVolume0.038Open0.038Pre Close30.20KTurnover0.04352wk High0.00%Turnover Ratio0Shares0.03752wk Low--EPS TTM0Float Cap0.043Historical High--P/E (Static)0Shs Float0.037Historical Low--EPS LYR10.53%Amplitude--Dividend TTM--P/B100Lot Size--Div YieldTTM
➡️Online retail sales +16% (big improvement)✅
➡️Property Price Index -5.9% (slightly worsened)🔻
➡️Fixed asset investment +3.4% (same)
➡️Industrial production +5.3% (slightly worsened)🔻
➡️Unemployment rate 5.0% (slightly better)✅
China’s consumer economy is picking up a great deal of momentum in October and setting the stage for a strong 4Q for the likes of $BABA-W (09988.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$ $MEITUAN-W (03690.HK)$ $BILIBILI-W (09626.HK)$ $KUAISHOU-W (01024.HK)$ $Kraneshares Tr Bosera Msci China A Sh Etf (KBA.US)$ $iShares MSCI China ETF (MCHI.US)$ $KraneShares CSI China Internet ETF (KWEB.US)$
What it is:
Local governments can swap their "hidden debt" by issuing six trillion yuan in new bonds over the next three years.
And if that's not enough, they have another four trillion yuan lined up over the next five years.
Authorities estimate this debt swap will save about 600 billion yuan in interest...
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