A bullish reversal in HSI, signaling renewed strength in Chinese markets

TechnicalHunter
11-27

I support a second round of bounce happens.

Emerging-market stocks rose, reversing earlier losses, as speculation intensified that China’s authorities will roll out fresh stimulus measures next month amid the threat of US imposed tariffs.

IF THE TIDE RAISES, ALL BOATS RISE.

The $HSI(HSI)$ surged 2.32% at close, and this momentum is already reflected in premarket trading: $BABA-W(09988)$ is up 2.5%, $NIO-SW(09866)$ 3%, and $JD-SW(09618)$ 4%.

The MSCI Emerging Markets Index rose 0.3%, driven by gains in $TENCENT(00700)$ $MEITUAN-W(03690)$ $MeiTuan - main 2412(METmain)$ and $BABA-W(09988)$

ImageImage

For the us market, $Direxion Daily FTSE China Bull 3X Shares(YINN)$ $Direxion Daily CSI China Internet Index Bull 2x Shares(CWEB)$ $KraneShares CSI China Internet ETF(KWEB)$ moves higher on pre market.

# US-China Dialogue: Is a Spring Coming for China Stocks?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

  • Top
  • Latest
  • HRHRHRHR
    ·11-27
    Which online source suggests that “fresh stimulus measures” will be rolled out next month?
    Reply
    Report
  • AfraSimon
    ·11-27
    Love this bullish outlook! 🚀 [Heart]
    Reply
    Report