FTSE China A50 Index - Oct 2023 (CN2310)

CN2310 (FTSE China A50 Index - Oct 2023)

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Futures Contract Details

Contract Name	FTSE China A50 Index - Oct 2023
Contract Code	CN2310
Exchange	SGX
Contract Type	Equity Index
Contract Size	US$1 per index point
Currency	USD
Min Price Chg	1 index points (US$1)
Contract Value	US$1 per index point
Trading Hours	T Session：9:00-16:30T+1 Session：17:00-(T+1)5:15
Time Zone	China Standard Time
First Notice Day	No
LTD	20231030

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Since the reduction in stamp duty that led to Shanghai index jumping up over 5 percent and hitting above 3200 and A50 jumping above 13100 points, a50 quickly retraced.. now the benefit from price jump for A50 all the way from 12250 to 13100 has been fully eroded.&nbsp;<a href=\"https://ttm.financial/FUT/CN2310\">$FTSE China A50 Index - Oct 2023(CN2310)$ &nbsp;</a><a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ &nbsp;</a><a href=\"https://ttm.financial/S/FUTU\">$Futu Holdings Limited(FUTU)$ &nbsp;</a><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> Not only is it here, the breach of the support of 12250 and then 12100 and then 12000","listText":"If we see what has happened for A50, it is a pathetic picture. Since the reduction in stamp duty that led to Shanghai index jumping up over 5 percent and hitting above 3200 and A50 jumping above 13100 points, a50 quickly retraced.. now the benefit from price jump for A50 all the way from 12250 to 13100 has been fully eroded.&nbsp;<a href=\"https://ttm.financial/FUT/CN2310\">$FTSE China A50 Index - Oct 2023(CN2310)$ &nbsp;</a><a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ &nbsp;</a><a href=\"https://ttm.financial/S/FUTU\">$Futu Holdings Limited(FUTU)$ &nbsp;</a><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> Not only is it here, the breach of the support of 12250 and then 12100 and then 12000","text":"If we see what has happened for A50, it is a pathetic picture. Since the reduction in stamp duty that led to Shanghai index jumping up over 5 percent and hitting above 3200 and A50 jumping above 13100 points, a50 quickly retraced.. now the benefit from price jump for A50 all the way from 12250 to 13100 has been fully eroded. $FTSE China A50 Index - Oct 2023(CN2310)$ $Tiger Brokers(TIGR)$ $Futu Holdings Limited(FUTU)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ Not only is it here, the breach of the support of 12250 and then 12100 and then 12000","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":11,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/232820297830512","isVote":1,"tweetType":1,"viewCount":694,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"comments":[],"streamModify":1697883383467,"id":232820297830512,"gmtCreate":1697869471766,"gmtModify":1697883383467,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"title":"21 Oct 2023: mixed signal from China","htmlText":"If we see what has happened for A50, it is a pathetic picture. Since the reduction in stamp duty that led to Shanghai index jumping up over 5 percent and hitting above 3200 and A50 jumping above 13100 points, a50 quickly retraced.. now the benefit from price jump for A50 all the way from 12250 to 13100 has been fully eroded.&nbsp;<a href=\"https://ttm.financial/FUT/CN2310\">$FTSE China A50 Index - Oct 2023(CN2310)$ &nbsp;</a><a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ &nbsp;</a><a href=\"https://ttm.financial/S/FUTU\">$Futu Holdings Limited(FUTU)$ &nbsp;</a><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> Not only is it here, the breach of the support of 12250 and then 12100 and then 12000","listText":"If we see what has happened for A50, it is a pathetic picture. Since the reduction in stamp duty that led to Shanghai index jumping up over 5 percent and hitting above 3200 and A50 jumping above 13100 points, a50 quickly retraced.. now the benefit from price jump for A50 all the way from 12250 to 13100 has been fully eroded.&nbsp;<a href=\"https://ttm.financial/FUT/CN2310\">$FTSE China A50 Index - Oct 2023(CN2310)$ &nbsp;</a><a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ &nbsp;</a><a href=\"https://ttm.financial/S/FUTU\">$Futu Holdings Limited(FUTU)$ &nbsp;</a><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> Not only is it here, the breach of the support of 12250 and then 12100 and then 12000","text":"If we see what has happened for A50, it is a pathetic picture. Since the reduction in stamp duty that led to Shanghai index jumping up over 5 percent and hitting above 3200 and A50 jumping above 13100 points, a50 quickly retraced.. now the benefit from price jump for A50 all the way from 12250 to 13100 has been fully eroded. $FTSE China A50 Index - Oct 2023(CN2310)$ $Tiger Brokers(TIGR)$ $Futu Holdings Limited(FUTU)$ $Tesla Motors(TSLA)$ $NVIDIA Corp(NVDA)$ Not only is it here, the breach of the support of 12250 and then 12100 and then 12000","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":11,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/232820297830512","isVote":1,"tweetType":1,"viewCount":694,"authorTweetTopStatus":1,"verified":2,"imageCount":0,"langContent":"EN","totalScore":0},{"objectId":228568400879784,"type":1,"entity":{"id":228568400879784,"gmtCreate":1696830553904,"gmtModify":1696831298241,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/CN2310\">$FTSE China A50 Index - Oct 2023(CN2310)$ &nbsp;</a> Hong Kong market is closed this morning APAC time due to typhoon. This makes me wondered when Hong Kong can eradicate this problem of market closure as a result of typhoon. This is creating problems for market participants and liquidity providers which needs the active markets to manage their risks. Shanghai index came down this morning which is not unexpected given hang Seng tech index weakness last week. Chinext is down too and having breached the 2,000 critical price point mark really makes it worrying for Chinese investors on whether do they want to hold onto their investments.. As you all know, the low can go lower due to extreme fears though true valuation will not be impacted in the short","listText":"<a href=\"https://ttm.financial/FUT/CN2310\">$FTSE China A50 Index - Oct 2023(CN2310)$ &nbsp;</a> Hong Kong market is closed this morning APAC time due to typhoon. This makes me wondered when Hong Kong can eradicate this problem of market closure as a result of typhoon. This is creating problems for market participants and liquidity providers which needs the active markets to manage their risks. Shanghai index came down this morning which is not unexpected given hang Seng tech index weakness last week. Chinext is down too and having breached the 2,000 critical price point mark really makes it worrying for Chinese investors on whether do they want to hold onto their investments.. As you all know, the low can go lower due to extreme fears though true valuation will not be impacted in the short","text":"$FTSE China A50 Index - Oct 2023(CN2310)$ Hong Kong market is closed this morning APAC time due to typhoon. This makes me wondered when Hong Kong can eradicate this problem of market closure as a result of typhoon. This is creating problems for market participants and liquidity providers which needs the active markets to manage their risks. Shanghai index came down this morning which is not unexpected given hang Seng tech index weakness last week. Chinext is down too and having breached the 2,000 critical price point mark really makes it worrying for Chinese investors on whether do they want to hold onto their investments.. As you all know, the low can go lower due to extreme fears though true valuation will not be impacted in the short","images":[],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/228568400879784","isVote":1,"tweetType":1,"viewCount":940,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000686","authorId":"9000000000000686","name":"snixxx","avatar":"https://static.tigerbbs.com/ffa846851f0117a4a0290ab42ff51115","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000686","authorIdStr":"9000000000000686"},"content":"HSI and SPX are going to absolute rip into year end.","text":"HSI and SPX are going to absolute rip into year end.","html":"HSI and SPX are going to absolute rip into year end."}],"imageCount":0,"langContent":"EN","totalScore":0},"comments":[{"author":{"id":"9000000000000686","authorId":"9000000000000686","name":"snixxx","avatar":"https://static.tigerbbs.com/ffa846851f0117a4a0290ab42ff51115","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000686","authorIdStr":"9000000000000686"},"content":"HSI and SPX are going to absolute rip into year end.","text":"HSI and SPX are going to absolute rip into year end.","html":"HSI and SPX are going to absolute rip into year end."}],"streamModify":1696831298241,"id":228568400879784,"gmtCreate":1696830553904,"gmtModify":1696831298241,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/CN2310\">$FTSE China A50 Index - Oct 2023(CN2310)$ &nbsp;</a> Hong Kong market is closed this morning APAC time due to typhoon. This makes me wondered when Hong Kong can eradicate this problem of market closure as a result of typhoon. This is creating problems for market participants and liquidity providers which needs the active markets to manage their risks. Shanghai index came down this morning which is not unexpected given hang Seng tech index weakness last week. Chinext is down too and having breached the 2,000 critical price point mark really makes it worrying for Chinese investors on whether do they want to hold onto their investments.. As you all know, the low can go lower due to extreme fears though true valuation will not be impacted in the short","listText":"<a href=\"https://ttm.financial/FUT/CN2310\">$FTSE China A50 Index - Oct 2023(CN2310)$ &nbsp;</a> Hong Kong market is closed this morning APAC time due to typhoon. This makes me wondered when Hong Kong can eradicate this problem of market closure as a result of typhoon. This is creating problems for market participants and liquidity providers which needs the active markets to manage their risks. Shanghai index came down this morning which is not unexpected given hang Seng tech index weakness last week. Chinext is down too and having breached the 2,000 critical price point mark really makes it worrying for Chinese investors on whether do they want to hold onto their investments.. As you all know, the low can go lower due to extreme fears though true valuation will not be impacted in the short","text":"$FTSE China A50 Index - Oct 2023(CN2310)$ Hong Kong market is closed this morning APAC time due to typhoon. This makes me wondered when Hong Kong can eradicate this problem of market closure as a result of typhoon. This is creating problems for market participants and liquidity providers which needs the active markets to manage their risks. Shanghai index came down this morning which is not unexpected given hang Seng tech index weakness last week. Chinext is down too and having breached the 2,000 critical price point mark really makes it worrying for Chinese investors on whether do they want to hold onto their investments.. As you all know, the low can go lower due to extreme fears though true valuation will not be impacted in the short","images":[],"top":1,"highlighted":1,"essential":2,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/228568400879784","isVote":1,"tweetType":1,"viewCount":940,"authorTweetTopStatus":1,"verified":2,"imageCount":0,"langContent":"EN","totalScore":0},{"objectId":227929123004584,"type":1,"entity":{"id":227929123004584,"gmtCreate":1696671749565,"gmtModify":1696671887892,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"title":"7 Oct 2023: Chinese tech adrs rallied on Friday... pinduoduo even stronger?","htmlText":"On the recent Friday, Chinese tech stocks stage an expected rally before we end the week of public holiday for China. Pinduoduo has displayed unusual strength with a price rally of over 7 percent overnight. In comparison, Alibaba and JD.com rally around 3 percent. Generally speaking, Chinese tech stocks going up by around 3 percent is not unusual on Friday since the Chinese tech stocks experienced a drop in price since Tuesday this week. Is this a rebound of retail stocks e-commerce platforms as Chinese retail improves? Has Chinese economy bottomed? What is surprising is a surprise rally of Nasdaq 100 which jumped back fiercely on Friday, with futures jumping above 15.1k. This is almost a 2 percent rally which came from an initial drop of the futures to around 14,730 points... Chinese stoc","listText":"On the recent Friday, Chinese tech stocks stage an expected rally before we end the week of public holiday for China. Pinduoduo has displayed unusual strength with a price rally of over 7 percent overnight. In comparison, Alibaba and JD.com rally around 3 percent. Generally speaking, Chinese tech stocks going up by around 3 percent is not unusual on Friday since the Chinese tech stocks experienced a drop in price since Tuesday this week. Is this a rebound of retail stocks e-commerce platforms as Chinese retail improves? Has Chinese economy bottomed? What is surprising is a surprise rally of Nasdaq 100 which jumped back fiercely on Friday, with futures jumping above 15.1k. This is almost a 2 percent rally which came from an initial drop of the futures to around 14,730 points... Chinese stoc","text":"On the recent Friday, Chinese tech stocks stage an expected rally before we end the week of public holiday for China. Pinduoduo has displayed unusual strength with a price rally of over 7 percent overnight. In comparison, Alibaba and JD.com rally around 3 percent. Generally speaking, Chinese tech stocks going up by around 3 percent is not unusual on Friday since the Chinese tech stocks experienced a drop in price since Tuesday this week. Is this a rebound of retail stocks e-commerce platforms as Chinese retail improves? Has Chinese economy bottomed? What is surprising is a surprise rally of Nasdaq 100 which jumped back fiercely on Friday, with futures jumping above 15.1k. This is almost a 2 percent rally which came from an initial drop of the futures to around 14,730 points... Chinese stoc","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":26,"commentSize":5,"repostSize":3,"link":"https://ttm.financial/post/227929123004584","isVote":1,"tweetType":1,"viewCount":862,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000733","authorId":"9000000000000733","name":"littlesweetie","avatar":"https://static.tigerbbs.com/43a0aed7518f515997f95ed495391d65","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000733","authorIdStr":"9000000000000733"},"content":"JD.com is likely to suffer from it for some time, being an e-commerce giant that is very sensitive to macroeconomic shocks.","text":"JD.com is likely to suffer from it for some time, being an e-commerce giant that is very sensitive to macroeconomic shocks.","html":"JD.com is likely to suffer from it for some time, being an e-commerce giant that is very sensitive to macroeconomic shocks."}],"imageCount":0,"langContent":"EN","totalScore":0},"comments":[{"author":{"id":"9000000000000733","authorId":"9000000000000733","name":"littlesweetie","avatar":"https://static.tigerbbs.com/43a0aed7518f515997f95ed495391d65","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000733","authorIdStr":"9000000000000733"},"content":"JD.com is likely to suffer from it for some time, being an e-commerce giant that is very sensitive to macroeconomic shocks.","text":"JD.com is likely to suffer from it for some time, being an e-commerce giant that is very sensitive to macroeconomic shocks.","html":"JD.com is likely to suffer from it for some time, being an e-commerce giant that is very sensitive to macroeconomic shocks."}],"streamModify":1696671887892,"id":227929123004584,"gmtCreate":1696671749565,"gmtModify":1696671887892,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"title":"7 Oct 2023: Chinese tech adrs rallied on Friday... pinduoduo even stronger?","htmlText":"On the recent Friday, Chinese tech stocks stage an expected rally before we end the week of public holiday for China. Pinduoduo has displayed unusual strength with a price rally of over 7 percent overnight. In comparison, Alibaba and JD.com rally around 3 percent. Generally speaking, Chinese tech stocks going up by around 3 percent is not unusual on Friday since the Chinese tech stocks experienced a drop in price since Tuesday this week. Is this a rebound of retail stocks e-commerce platforms as Chinese retail improves? Has Chinese economy bottomed? What is surprising is a surprise rally of Nasdaq 100 which jumped back fiercely on Friday, with futures jumping above 15.1k. This is almost a 2 percent rally which came from an initial drop of the futures to around 14,730 points... Chinese stoc","listText":"On the recent Friday, Chinese tech stocks stage an expected rally before we end the week of public holiday for China. Pinduoduo has displayed unusual strength with a price rally of over 7 percent overnight. In comparison, Alibaba and JD.com rally around 3 percent. Generally speaking, Chinese tech stocks going up by around 3 percent is not unusual on Friday since the Chinese tech stocks experienced a drop in price since Tuesday this week. Is this a rebound of retail stocks e-commerce platforms as Chinese retail improves? Has Chinese economy bottomed? What is surprising is a surprise rally of Nasdaq 100 which jumped back fiercely on Friday, with futures jumping above 15.1k. This is almost a 2 percent rally which came from an initial drop of the futures to around 14,730 points... Chinese stoc","text":"On the recent Friday, Chinese tech stocks stage an expected rally before we end the week of public holiday for China. Pinduoduo has displayed unusual strength with a price rally of over 7 percent overnight. In comparison, Alibaba and JD.com rally around 3 percent. Generally speaking, Chinese tech stocks going up by around 3 percent is not unusual on Friday since the Chinese tech stocks experienced a drop in price since Tuesday this week. Is this a rebound of retail stocks e-commerce platforms as Chinese retail improves? Has Chinese economy bottomed? What is surprising is a surprise rally of Nasdaq 100 which jumped back fiercely on Friday, with futures jumping above 15.1k. This is almost a 2 percent rally which came from an initial drop of the futures to around 14,730 points... Chinese stoc","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":26,"commentSize":5,"repostSize":3,"link":"https://ttm.financial/post/227929123004584","isVote":1,"tweetType":1,"viewCount":862,"authorTweetTopStatus":1,"verified":2,"imageCount":0,"langContent":"EN","totalScore":0},{"objectId":226930765664328,"type":1,"entity":{"id":226930765664328,"gmtCreate":1696481801981,"gmtModify":1696482480447,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"title":"5 Oct 2023: China A50 waiting for public holiday in China to end this email week?","htmlText":"We have seen shortsellers taking advantage of the public holiday in China this week to wreck havoc for Chinese tech equities as well as China A50. THIS IS so not surprise as the best time to attack is when your enemy is sleeping. This is what the shortsellers are doing to China. Given this situation and at current valuation of hang Seng tech index together with Chinese tech equities valuation, I would think it will be tough for shortsellers to keep their shortselling position once we head towards the weekend. This is so as they will not be certain how the Chinese authorities will react on next Monday or Tuesday. However, given that there are still 2.5 days left, they might still want to give it a try to push it down further. I was pretty surprised to see the resilience in Tesla share pric","listText":"We have seen shortsellers taking advantage of the public holiday in China this week to wreck havoc for Chinese tech equities as well as China A50. THIS IS so not surprise as the best time to attack is when your enemy is sleeping. This is what the shortsellers are doing to China. Given this situation and at current valuation of hang Seng tech index together with Chinese tech equities valuation, I would think it will be tough for shortsellers to keep their shortselling position once we head towards the weekend. This is so as they will not be certain how the Chinese authorities will react on next Monday or Tuesday. However, given that there are still 2.5 days left, they might still want to give it a try to push it down further. I was pretty surprised to see the resilience in Tesla share pric","text":"We have seen shortsellers taking advantage of the public holiday in China this week to wreck havoc for Chinese tech equities as well as China A50. THIS IS so not surprise as the best time to attack is when your enemy is sleeping. This is what the shortsellers are doing to China. Given this situation and at current valuation of hang Seng tech index together with Chinese tech equities valuation, I would think it will be tough for shortsellers to keep their shortselling position once we head towards the weekend. This is so as they will not be certain how the Chinese authorities will react on next Monday or Tuesday. However, given that there are still 2.5 days left, they might still want to give it a try to push it down further. I was pretty surprised to see the resilience in Tesla share pric","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226930765664328","isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"comments":[],"streamModify":1696482480447,"id":226930765664328,"gmtCreate":1696481801981,"gmtModify":1696482480447,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"title":"5 Oct 2023: China A50 waiting for public holiday in China to end this email week?","htmlText":"We have seen shortsellers taking advantage of the public holiday in China this week to wreck havoc for Chinese tech equities as well as China A50. THIS IS so not surprise as the best time to attack is when your enemy is sleeping. This is what the shortsellers are doing to China. Given this situation and at current valuation of hang Seng tech index together with Chinese tech equities valuation, I would think it will be tough for shortsellers to keep their shortselling position once we head towards the weekend. This is so as they will not be certain how the Chinese authorities will react on next Monday or Tuesday. However, given that there are still 2.5 days left, they might still want to give it a try to push it down further. I was pretty surprised to see the resilience in Tesla share pric","listText":"We have seen shortsellers taking advantage of the public holiday in China this week to wreck havoc for Chinese tech equities as well as China A50. THIS IS so not surprise as the best time to attack is when your enemy is sleeping. This is what the shortsellers are doing to China. Given this situation and at current valuation of hang Seng tech index together with Chinese tech equities valuation, I would think it will be tough for shortsellers to keep their shortselling position once we head towards the weekend. This is so as they will not be certain how the Chinese authorities will react on next Monday or Tuesday. However, given that there are still 2.5 days left, they might still want to give it a try to push it down further. I was pretty surprised to see the resilience in Tesla share pric","text":"We have seen shortsellers taking advantage of the public holiday in China this week to wreck havoc for Chinese tech equities as well as China A50. THIS IS so not surprise as the best time to attack is when your enemy is sleeping. This is what the shortsellers are doing to China. Given this situation and at current valuation of hang Seng tech index together with Chinese tech equities valuation, I would think it will be tough for shortsellers to keep their shortselling position once we head towards the weekend. This is so as they will not be certain how the Chinese authorities will react on next Monday or Tuesday. However, given that there are still 2.5 days left, they might still want to give it a try to push it down further. I was pretty surprised to see the resilience in Tesla share pric","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226930765664328","isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"imageCount":0,"langContent":"EN","totalScore":0}],"newsList":[],"exchange":{"abbreviation":"Singapore Exchange","code":"SGX","exchangeId":"FT_EX_SGX","name":"SGX","securityType":"FUT","status":"Online","weight":50,"zone":"CCT","zoneId":"Singapore","zoneName":"China Standard Time"},"contract":{"categoryId":"FT_CA_Equity_Index","contractCode":"CN2310","contractId":"15eed649bc4f4c9d90724ae480af3366","contractMonth":"202310","currency":"USD","currencyName":"USD","deliveryMode":"Cash","description":{"productAlias":"FTSE China A50 Index","productExchangeUrl":"https://www2.sgx.com/derivatives/products/chinaa50?cc=CN","productPriceIncrement":"1 index points (US$1)","productScale":"US$1 per index point","productTradingMonth":"2 nearest serial months and Mar, Jun, Sep and Dec months on 1-year cycle.","productTradingTime":"T Session：9:00-16:30T+1 Session：17:00-(T+1)5:15","productType":"Equity Index","productWorth":"US$1 per index point","worth":1},"exchangeCode":"SGX","exchangeId":"FT_EX_SGX","firstNoticeDate":"","firstNoticeDateTimestamp":0,"hasVWAP":false,"isContinuous":false,"isMain":false,"isOmnibusTrade":true,"isTrade":true,"lastTradingDate":"20231030","lastTradingDateTimestamp":1698654900000,"multiplier":{"offset":0,"value":1},"name":"FTSE China A50 Index - Oct 2023","productId":"FT_PD_CN_FUT","productPriceConfig":{"displayMultiplier":{"offset":0,"value":1},"maxScale":0,"priceIncrements":[{"displayPriceIncrement":{"offset":0,"value":1},"priceLowerLimit":{"offset":0,"value":0},"priceUpperLimit":{"offset":0,"value":0}}],"quotesScale":{"offset":1,"value":1},"quotesVendorMultiplier":{"offset":0,"value":1},"tradeMultiplier":{"offset":0,"value":1}},"quotesDisplayType":"Simple","securityType":"FUT","status":"Expiry","symbol":"CN","symbolId":"FT_SY_CN","symbolName":"FTSE China A50 Index"}}