Chinese back from golden week

Chinese back from golden week holiday. In theory , the index should go down… that’s normally how it works, especially if there is no new measures to encourage spending or boost economy . Having said that, I still go for green (5-10%) as I suspect another confidence boosting round is around the corner. The market expectations are not met, prices will simply crash. That is not what President Xi likes to see…

China Equities Back! Do You Catch Up Rally?

At the 2024 Financial Street Forum Annual Conference, Central Bank Governor Pan Gongsheng stated that on September 27, the reserve requirement ratio (RRR) had been lowered by 0.5 percentage points. It is expected that by the end of the year, based on the market liquidity situation, there will be an opportunity to further reduce the reserve requirement ratio by 0.25 to 0.5 percentage points. ------------------ Are you bullish on China's policies or not? Do you catch up this rally?

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