But the market expectation was low before the conference. The meeting has focused on the property sector, high quality development and safety/security.The attention that the property sector received as measured by the frequency of mentions was as high as in the 2015 conference when the property was mired in distress as well. It also specifically said giving equal access to financing to developers regardless of ownership.Some may be disappointed by not seeing specific stimulus package coming out of the meeting. Consequently, the A50 $China A50 Index - main 2312(CNmain)$ $MSCI China A50 Index - main 2312(MCAmain)$ and the iron ore futures are muted following yesterday's late-day reversal.The confer
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Why Does Trump Keep Pressuring America’s Allies—and Why It Could Be an Opportunity for EUR Shorts
Last week’s macro framework is still working this week, and Trump has kicked off yet another farce: he floated the idea of purchasing Greenland from Europe and also imposed tariffs on eight European countries that opposed him. The situation has become even more turbulent.Why Trump Threatened 11 Countries in Just Two Weeks: The Dollar on the Edge Tells the StoryThis is almost certainly not the last step in Trump’s external provocation, but it is very likely an important move within his broader foreign strategy.Today, let’s take a little time to briefly discuss the logic behind the Greenland dispute.First, one point must be clarified: why is Trump deliberately stirring trouble in his own “backyard”? One day it’s Venezu
Why Does Trump Keep Pressuring America’s Allies—and Why It Could Be an Opportunity for EUR Shorts
There was no surprise from the conference.
There was no surprise from the conference.
MSCI semi-annual adjustment, Two Hong Kong stocks Benefits
MSCI has released the results of its semi-annual index review for November 2023, which includes the MSCI China A50 $MSCI China A50 Index - main 2312(MCAmain)$ . This is a major adjustment for the semi-annual review, so the scope of index additions, deletions, and other adjustments is wide and may have a significant impact.Changes in constituent stocks19 new constituent stocks have been added while 19 have been removed. Among the new additions are Hong Kong stocks $ZHEJIANG LEAPMOTOR TECHNOLOGY CO., LTD.(09863)$ and $Brilliance China(01114)$ ), and 17 new A-share stocks have been added. The 19 deletions include 9 Hong Kong stocks, such as
China Reopening Rally - These Sectors & Stocks Worth Investing
Institutions including Bank of America, J.P. Morgan, and Morgan Stanley upgraded recommendations for Chinese stocks. They also mentioned the worth-investing opportunities.1. Top Institutions Turned Bullish on China's Equities?1) Morgan Stanley upgraded their position on equities in the benchmark MSCI China index to “overweight” from “equal-weight”and raised its target on the Hang Seng Index to 21,200 points from 18,200 points.2) Goldman Sachs forecasts 16% index returns for $MSCI China A50 Index - main 2212(MCAmain)$ and $CSI300(000300.SH)$ next year and recommends an
China Reopening Rally - These Sectors & Stocks Worth Investing
GDP Report Shows the U.S. Economy Shrank！ And the second low point of A50 is confirmed!
At 20:30 on April 28th, Beijing time, the GDP data of the United States in the first quarter of 2022 was released, which is also the first economic transcript since the Federal Reserve started balance reduction last year (it ended debt reduction and raised interest rates in March this year). Before the data was released, the expectations given by major banks and financial institutions were as follows: UBS:-0.2%; Bank of America Merrill Lynch: +0.5%; Dominion Securities: +0.5%; Deutsche Bank: +0.6%; Wells Fargo: +0.6%; Deka Bank: +0.7%; Industrial Bank: +0.7%; Bank of America: +0.8%; Citibank: +0.8%; Standard Chartered Bank: +0.8%; UOB: +0.8%; Fannie Mae: +0.9%; Faba Bank: +1.0%; Ruijie Finance: +1.0%; HSBC: +1.0%; Oxford Economics: +1.0%; Moody's analysis: +1.1%; JPMorgan Chase: +1.1%; Kai
GDP Report Shows the U.S. Economy Shrank！ And the second low point of A50 is confirmed!