$LION OCBC HSTECH ETF S$(HST.SI)$ is clawing its way up as the chinese government introduces stimulus measures. the chinese government also told funds to stop selling.
$FTSE China Bull 3X Shares(YINN)$ overnight trading is up. both yinn and hst trend in the same direction. yinn rebounded after diving back down. this is a good sign that the bulls are back to support the climb up.
hopefully the incoming china data is good.
near term target for hst 0.76
do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.
merci beaucoup@TigerWire for the new star contributor streak system. merci beaucoup@TigerStars for reviewing our posts.
merci beaucoup @Asphen and @JinHan for sharing your views.
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China's private companies have been continuously expanding into the markets of other BRICS countries, with their trade volume experiencing rapid growth. Customs statistics reveal that their foreign trade amounted to 1.36 trillion yuan with these economies between January and July, representing a growth of 29.4 percent. This accounted for 57.1 percent of the total trade volume between China and other BRICS countries during the same period.
Buyback wave set to lift Chinas market tide and sentiment.
China is on the verge collapse. Their real estate and banks are collapsing