Chinese Equities Soar
PBOC starts share buyback, equity swap tools to aid markets.
Latest News
10-18
Hong Kong Stocks Snap 4-Day Decline; SMIC Surges 16%
Hong Kong Stocks Snap 4-Day Decline; SMIC Surges 16%
10-29
Eyeing US Election, China Considers over $1.4 Trillion in Extra Debt over Next Few Years, Say Sources
Eyeing US Election, China Considers over $1.4 Trillion in Extra Debt over Next Few Years, Say Sources
10-18
Investors Buy, Then Bide Time on China
Investors Buy, Then Bide Time on China
10-18
24H|Chinese ADRs and ETFs Extend Rally in Overnight Trading; YINN Soars 18%; CHAU Jumps 14%
24H|Chinese ADRs and ETFs Extend Rally in Overnight Trading; YINN Soars 18%; CHAU Jumps 14%
10-18
China A50 Index Futures Rally 5% as PBOC Reinforces Support for Market
China A50 Index Futures Rally 5% as PBOC Reinforces Support for Market
10-18
China's Mega Banks Trim Deposit Rates as Stimulus Hits Profits
China's Mega Banks Trim Deposit Rates as Stimulus Hits Profits
09-30
Top Chinese Weekly Winners: Tencent Jumps 12.7%; Alibaba Surges 21.6%; PDD Holdings Soars 35.6%
Top Chinese Weekly Winners: Tencent Jumps 12.7%; Alibaba Surges 21.6%; PDD Holdings Soars 35.6%
09-30
When It Comes to Chinese Equities, the Dominant Feeling Has Turned to Optimism
When It Comes to Chinese Equities, the Dominant Feeling Has Turned to Optimism
09-30
Chinese Stocks Soar Most Since 2015, Heading for Bull Market
Chinese Stocks Soar Most Since 2015, Heading for Bull Market
09-30
24H|Chinese ADRs Jump Again; Alibaba Gains 4%; NIO Surges 15%
24H|Chinese ADRs Jump Again; Alibaba Gains 4%; NIO Surges 15%
09-30
China Moves to Cut Mortgage Rates to Revive Housing Market
China Moves to Cut Mortgage Rates to Revive Housing Market
09-29
Will China's Surprise Stimulus Work?
Will China's Surprise Stimulus Work?
09-28
China ETFs Post Best Week on Record After Beijing Fires Policy "Bazooka" to Boost Economy. Is It Time to Jump in?
China ETFs Post Best Week on Record After Beijing Fires Policy "Bazooka" to Boost Economy. Is It Time to Jump in?
09-27
China Cuts Key Rate, Frees Up Cash for Banks to Spur Growth
China Cuts Key Rate, Frees Up Cash for Banks to Spur Growth
09-26
China's Benchmark Shanghai Composite Index Rises Above 3000 Points for the First Time Since July
China's Benchmark Shanghai Composite Index Rises Above 3000 Points for the First Time Since July
09-26
China Weighs Injecting $142 Billion of Capital Into Top Banks
China Weighs Injecting $142 Billion of Capital Into Top Banks
09-24
Chinese ADRs Jump As China Unleashes Stimulus Package to Revive Economy, Markets
Chinese ADRs Jump As China Unleashes Stimulus Package to Revive Economy, Markets
09-24
China Mulls Stock Stability Fund, Unlocks $113 Billion From PBOC
China Mulls Stock Stability Fund, Unlocks $113 Billion From PBOC
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User Discussion
TigerVision888
10-21
The year 2024 is closing with 2 months and 10 days left. The market really wonders what is still taking them so long to put stimulus to action, the datas won't just suddenly improve in the next month. Everyday is a ticking
Investors Buy, Then Bide Time on China
John N
10-21
Hopefully they keep the Stim coming and gave less pointless meetings
Zarkness
09-30
Gogo China !🇨🇳
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Barcode
09-30
💯
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Barcode
09-30
💯
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Sunshinekim
09-30
Let the Bull Run!👍
Chinese Stocks Soar Most Since 2015, Heading for Bull Market
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The market really wonders what is still taking them so long to put stimulus to action, the datas won't just suddenly improve in the next month. Everyday is a ticking","listText":"The year 2024 is closing with 2 months and 10 days left. The market really wonders what is still taking them so long to put stimulus to action, the datas won't just suddenly improve in the next month. Everyday is a ticking","text":"The year 2024 is closing with 2 months and 10 days left. The market really wonders what is still taking them so long to put stimulus to action, the datas won't just suddenly improve in the next month. Everyday is a ticking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362376981053560","repostId":"2476474063","repostType":2,"repost":{"id":"2476474063","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1729242246,"share":"https://ttm.financial/m/news/2476474063?lang=&edition=fundamental","pubTime":"2024-10-18 17:04","market":"us","language":"en","title":"Investors Buy, Then Bide Time on China","url":"https://stock-news.laohu8.com/highlight/detail?id=2476474063","media":"Reuters","summary":"ANALYSIS-Investors buy, then bide time on ChinaNearly 1/3 of Asia fund managers are buyers - BofA surveyFiscal stimulus seen as trigger for further gainsTech sector preferredBy Tom Westbrook, Dhara Ranasinghe and Naomi Rovnick","content":"<html><head></head><body><p>Global investors are buying China and betting last month's rally has legs, but few are willing to go large until there are far more concrete signs that the economy and earnings will improve.</p><p>The sentiment shift has been fast and furious, spurring billions of investor cash that had been diverted to India and Japan rushing back to bring China exposures from near record lows towards neutral or market-weight.</p><p>In just a month, the proportion of Asia fund managers building exposure in China jumped from 8% to 31%, according to a Bank of America survey published in mid-October, and the percentage of managers looking outside China for opportunities collapsed by a similar margin.</p><p>Yet markets have already pulled back 10% from the rally's highs thus far and third-quarter gross domestic product data on Friday showed the economy grew at the slowest pace since early 2023, leaving investors preparing to wait it out.</p><p>"The real crux of a second-leg higher in shares is if the government is able to stimulate consumer demand," said Willem Sels, global chief investment officer at HSBC Global Private Banking and Wealth.</p><p>"We think there will be more details coming through and the market is looking for a number on the size of fiscal stimulus to get excited. If we get that, then there is more room for another rise in stocks. We are still neutral."</p><p>China no longer publishes timely data showing money moving in and out of its equity markets but ebbing turnover and momentum point to investors giving the latest stimulus efforts the benefit of the doubt.</p><p>Cash that poured into U.S.-listed exchange-traded funds that invest in China has mostly stayed there, after the initial rush.</p><p>"People are still observing - there's no immediate profit-taking positions," said Henry Wu, head of Xtrackers U.S. products at DWS in New York, where the Xtrackers Harvest CSI 300 has drawn more than $2.2 billion in inflows since late September. "Investors are here to wait and see."</p><p><strong>'BETTER LATE THAN WRONG'</strong></p><p>Foreigners say that tech and e-commerce companies are attractive, with the latter exposed to improvement in consumption and offering a margin of safety in being both relatively cheap and generating a lot of cash.</p><p>"They were penalised for several years both for reality and perception reasons about government policies and regulations," said Nate Thooft, CIO for multi-asset at Manulife Investment Management.</p><p>"But our impression is that this time around China policymakerswant to help the market, and I think they're going to be less restrictive and ... some of the gap in valuation between equivalent country companies in the tech space could close."</p><p>Most are leaving real estate, where one-time powerhouse developers are cheap and swing wildly, to bolder speculators.</p><p>To be sure, there are plenty of investors wary of geopolitical risks or China's regulatory rollercoaster who have walked away from the mainland markets for good and others who are sceptical about how strongly the economy can rebound.</p><p>Still, the mood has moved from aversion to China's stock market to watching, waiting, and gradually buying.</p><p>"We are not speculators, we are building an investment case," said Benjamin Melman, chief investment officer at Edmond de Rothschild Asset Management, which has held a neutral position on China for more than a year.</p><p>"It is better to be late than wrong."</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Investors Buy, Then Bide Time on China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInvestors Buy, Then Bide Time on China\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-10-18 17:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Global investors are buying China and betting last month's rally has legs, but few are willing to go large until there are far more concrete signs that the economy and earnings will improve.</p><p>The sentiment shift has been fast and furious, spurring billions of investor cash that had been diverted to India and Japan rushing back to bring China exposures from near record lows towards neutral or market-weight.</p><p>In just a month, the proportion of Asia fund managers building exposure in China jumped from 8% to 31%, according to a Bank of America survey published in mid-October, and the percentage of managers looking outside China for opportunities collapsed by a similar margin.</p><p>Yet markets have already pulled back 10% from the rally's highs thus far and third-quarter gross domestic product data on Friday showed the economy grew at the slowest pace since early 2023, leaving investors preparing to wait it out.</p><p>"The real crux of a second-leg higher in shares is if the government is able to stimulate consumer demand," said Willem Sels, global chief investment officer at HSBC Global Private Banking and Wealth.</p><p>"We think there will be more details coming through and the market is looking for a number on the size of fiscal stimulus to get excited. If we get that, then there is more room for another rise in stocks. We are still neutral."</p><p>China no longer publishes timely data showing money moving in and out of its equity markets but ebbing turnover and momentum point to investors giving the latest stimulus efforts the benefit of the doubt.</p><p>Cash that poured into U.S.-listed exchange-traded funds that invest in China has mostly stayed there, after the initial rush.</p><p>"People are still observing - there's no immediate profit-taking positions," said Henry Wu, head of Xtrackers U.S. products at DWS in New York, where the Xtrackers Harvest CSI 300 has drawn more than $2.2 billion in inflows since late September. "Investors are here to wait and see."</p><p><strong>'BETTER LATE THAN WRONG'</strong></p><p>Foreigners say that tech and e-commerce companies are attractive, with the latter exposed to improvement in consumption and offering a margin of safety in being both relatively cheap and generating a lot of cash.</p><p>"They were penalised for several years both for reality and perception reasons about government policies and regulations," said Nate Thooft, CIO for multi-asset at Manulife Investment Management.</p><p>"But our impression is that this time around China policymakerswant to help the market, and I think they're going to be less restrictive and ... some of the gap in valuation between equivalent country companies in the tech space could close."</p><p>Most are leaving real estate, where one-time powerhouse developers are cheap and swing wildly, to bolder speculators.</p><p>To be sure, there are plenty of investors wary of geopolitical risks or China's regulatory rollercoaster who have walked away from the mainland markets for good and others who are sceptical about how strongly the economy can rebound.</p><p>Still, the mood has moved from aversion to China's stock market to watching, waiting, and gradually buying.</p><p>"We are not speculators, we are building an investment case," said Benjamin Melman, chief investment officer at Edmond de Rothschild Asset Management, which has held a neutral position on China for more than a year.</p><p>"It is better to be late than wrong."</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","KWEB":"中国海外互联网ETF-KraneShares","09618":"京东集团-SW","HSI":"恒生指数","BABA":"阿里巴巴","HSTECH":"恒生科技指数","YANG":"三倍做空富时中国ETF-Direxion","09988":"阿里巴巴-W","JD":"京东","BK4211":"区域性银行","YINN":"三倍做多富时中国ETF-Direxion"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241018:nL4N3LT1HW:4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2476474063","content_text":"Global investors are buying China and betting last month's rally has legs, but few are willing to go large until there are far more concrete signs that the economy and earnings will improve.The sentiment shift has been fast and furious, spurring billions of investor cash that had been diverted to India and Japan rushing back to bring China exposures from near record lows towards neutral or market-weight.In just a month, the proportion of Asia fund managers building exposure in China jumped from 8% to 31%, according to a Bank of America survey published in mid-October, and the percentage of managers looking outside China for opportunities collapsed by a similar margin.Yet markets have already pulled back 10% from the rally's highs thus far and third-quarter gross domestic product data on Friday showed the economy grew at the slowest pace since early 2023, leaving investors preparing to wait it out.\"The real crux of a second-leg higher in shares is if the government is able to stimulate consumer demand,\" said Willem Sels, global chief investment officer at HSBC Global Private Banking and Wealth.\"We think there will be more details coming through and the market is looking for a number on the size of fiscal stimulus to get excited. If we get that, then there is more room for another rise in stocks. We are still neutral.\"China no longer publishes timely data showing money moving in and out of its equity markets but ebbing turnover and momentum point to investors giving the latest stimulus efforts the benefit of the doubt.Cash that poured into U.S.-listed exchange-traded funds that invest in China has mostly stayed there, after the initial rush.\"People are still observing - there's no immediate profit-taking positions,\" said Henry Wu, head of Xtrackers U.S. products at DWS in New York, where the Xtrackers Harvest CSI 300 has drawn more than $2.2 billion in inflows since late September. \"Investors are here to wait and see.\"'BETTER LATE THAN WRONG'Foreigners say that tech and e-commerce companies are attractive, with the latter exposed to improvement in consumption and offering a margin of safety in being both relatively cheap and generating a lot of cash.\"They were penalised for several years both for reality and perception reasons about government policies and regulations,\" said Nate Thooft, CIO for multi-asset at Manulife Investment Management.\"But our impression is that this time around China policymakerswant to help the market, and I think they're going to be less restrictive and ... some of the gap in valuation between equivalent country companies in the tech space could close.\"Most are leaving real estate, where one-time powerhouse developers are cheap and swing wildly, to bolder speculators.To be sure, there are plenty of investors wary of geopolitical risks or China's regulatory rollercoaster who have walked away from the mainland markets for good and others who are sceptical about how strongly the economy can rebound.Still, the mood has moved from aversion to China's stock market to watching, waiting, and gradually buying.\"We are not speculators, we are building an investment case,\" said Benjamin Melman, chief investment officer at Edmond de Rothschild Asset Management, which has held a neutral position on China for more than a year.\"It is better to be late than wrong.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362280289591360,"gmtCreate":1729467209533,"gmtModify":1729475131704,"author":{"id":"4188267286387922","authorId":"4188267286387922","name":"John N","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4188267286387922","authorIdStr":"4188267286387922"},"themes":[],"htmlText":"Hopefully they keep the Stim coming and gave less pointless meetings","listText":"Hopefully they keep the Stim coming and gave less pointless meetings","text":"Hopefully they keep the Stim coming and gave less pointless meetings","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362280289591360","isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355122818445632,"gmtCreate":1727701992038,"gmtModify":1727701996857,"author":{"id":"3572916667219493","authorId":"3572916667219493","name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572916667219493","authorIdStr":"3572916667219493"},"themes":[],"htmlText":"Gogo China !🇨🇳 ","listText":"Gogo China !🇨🇳 ","text":"Gogo China !🇨🇳","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355122818445632","repostId":"2471891967","repostType":2,"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354992231317808,"gmtCreate":1727670108288,"gmtModify":1727670110738,"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"themes":[],"htmlText":"💯 ","listText":"💯 ","text":"💯","images":[{"img":"https://community-static.tradeup.com/news/4ff8145ab5d00628166582975b9ee43e"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354992231317808","repostId":"2471891967","repostType":4,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":354961906733080,"gmtCreate":1727670094732,"gmtModify":1727670098255,"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"themes":[],"htmlText":"💯 ","listText":"💯 ","text":"💯","images":[{"img":"https://community-static.tradeup.com/news/2f332faebca37ad72d86be2aa3b3e8a1"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354961906733080","repostId":"2471891967","repostType":4,"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":354947619987840,"gmtCreate":1727666608970,"gmtModify":1727666612670,"author":{"id":"4108879863251380","authorId":"4108879863251380","name":"Sunshinekim","avatar":"https://community-static.tradeup.com/news/4aa06f704f2b302b4af731a1567add49","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108879863251380","authorIdStr":"4108879863251380"},"themes":[],"htmlText":"Let the Bull Run!👍","listText":"Let the Bull Run!👍","text":"Let the Bull Run!👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/354947619987840","repostId":"1131760142","repostType":4,"repost":{"id":"1131760142","kind":"news","pubTimestamp":1727662697,"share":"https://ttm.financial/m/news/1131760142?lang=&edition=fundamental","pubTime":"2024-09-30 10:18","market":"sh","language":"en","title":"Chinese Stocks Soar Most Since 2015, Heading for Bull Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1131760142","media":"Bloomberg","summary":"Benchmark CSI 300 Index rises as much as 6.5% on MondayRally extends after fresh steps to ease housing woesChinese stocks extended one of their most remarkable turnarounds in history, soaring for a ni","content":"<html><head></head><body><ul style=\"\"><li><p>Benchmark CSI 300 Index rises as much as 6.5% on Monday</p></li><li><p>Rally extends after fresh steps to ease housing woes</p></li></ul><p>Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back to one of the most beaten-down markets worldwide.</p><p style=\"text-align: start;\">The CSI 300 Index jumped as much as 6.5% on Monday, the most since 2015, as traders rushed to buy shares in the last session before a week-long holiday. The index, which lost more than 45% of its value from a 2021 high through mid-September, has since soared more than 20% — heading for a technical bull market. Its rally last week was the biggest since 2008.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/74800cf957cc5fc0fdaac237ef7debcf\" tg-width=\"763\" tg-height=\"433\"/></p><p>The extended rally came after three of China’s largest cities relaxed rules for homebuyers, while the central bank also moved to lower mortgage rates. The latest measures were among the key elements of a sweeping stimulus package released Tuesday that also included interest rate cuts, freeing-up of cash for banks, as well as liquidity support for the stock market.</p><p>While the market has experienced several similar-sized rallies in recent years only to plumb new depths, investors are betting the market’s current momentum may be sustainable in at least the near term. In a sign of continued frenzy, combined turnover on both the Shanghai and Shenzhen bourses exceeded one trillion yuan ($143 billion) in a little over 30 minutes since trading began Monday.</p><p>“The pace of the turnaround is clearly reflective of how oversold the market was,” said Charu Chanana, global markets strategist at Saxo Markets. “There is a clear belief that this time is different when it comes to authorities’ support for the markets.”</p><p>Brokerages were among the top gainers, with Citic Securities Co. hitting the 10% daily upside limit. Almost all of CSI 300’s component stocks were in the green.</p><p>The fear of missing out is also spreading offshore, with hedge funds selling US technology stocks and piling into mining and materials firms.</p><p>“I think the euphoric surge that we saw last week in China markets could turn into something more concrete and sustainable because there appears to be a complete policy shift that could finally address the cyclical headwinds of the past 3 years,” said David Chao, a strategist at Invesco Asset Management. “While there may still be debate over how these policy shifts are implemented and whether enough has been done, I think a new direction has been charted.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Stocks Soar Most Since 2015, Heading for Bull Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Stocks Soar Most Since 2015, Heading for Bull Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-30 10:18 GMT+8 <a href=https://www.bloomberg.com/news/articles/2024-09-30/chinese-stocks-head-for-bull-market-as-property-rescue-deepens?srnd=phx-latest><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Benchmark CSI 300 Index rises as much as 6.5% on MondayRally extends after fresh steps to ease housing woesChinese stocks extended one of their most remarkable turnarounds in history, soaring for a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-09-30/chinese-stocks-head-for-bull-market-as-property-rescue-deepens?srnd=phx-latest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"source_url":"https://www.bloomberg.com/news/articles/2024-09-30/chinese-stocks-head-for-bull-market-as-property-rescue-deepens?srnd=phx-latest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131760142","content_text":"Benchmark CSI 300 Index rises as much as 6.5% on MondayRally extends after fresh steps to ease housing woesChinese stocks extended one of their most remarkable turnarounds in history, soaring for a ninth straight day as government stimulus entices investors back to one of the most beaten-down markets worldwide.The CSI 300 Index jumped as much as 6.5% on Monday, the most since 2015, as traders rushed to buy shares in the last session before a week-long holiday. The index, which lost more than 45% of its value from a 2021 high through mid-September, has since soared more than 20% — heading for a technical bull market. Its rally last week was the biggest since 2008.The extended rally came after three of China’s largest cities relaxed rules for homebuyers, while the central bank also moved to lower mortgage rates. The latest measures were among the key elements of a sweeping stimulus package released Tuesday that also included interest rate cuts, freeing-up of cash for banks, as well as liquidity support for the stock market.While the market has experienced several similar-sized rallies in recent years only to plumb new depths, investors are betting the market’s current momentum may be sustainable in at least the near term. In a sign of continued frenzy, combined turnover on both the Shanghai and Shenzhen bourses exceeded one trillion yuan ($143 billion) in a little over 30 minutes since trading began Monday.“The pace of the turnaround is clearly reflective of how oversold the market was,” said Charu Chanana, global markets strategist at Saxo Markets. “There is a clear belief that this time is different when it comes to authorities’ support for the markets.”Brokerages were among the top gainers, with Citic Securities Co. hitting the 10% daily upside limit. Almost all of CSI 300’s component stocks were in the green.The fear of missing out is also spreading offshore, with hedge funds selling US technology stocks and piling into mining and materials firms.“I think the euphoric surge that we saw last week in China markets could turn into something more concrete and sustainable because there appears to be a complete policy shift that could finally address the cyclical headwinds of the past 3 years,” said David Chao, a strategist at Invesco Asset Management. “While there may still be debate over how these policy shifts are implemented and whether enough has been done, I think a new direction has been charted.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4186496110989302","authorId":"4186496110989302","name":"jislandfund","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"4186496110989302","authorIdStr":"4186496110989302"},"content":"stimulus working hopefully for longer terms","text":"stimulus working hopefully for longer terms","html":"stimulus working hopefully for longer terms"}],"imageCount":0,"langContent":"EN","totalScore":0}]}