Axekay
12-12

If China is prioritising growth over financial risks, what does it mean for companies like $Alibaba(BABA)$  $Tiger Brokers(TIGR)$ and  $Futu Holdings Limited(FUTU)$  . I am anticipating that they will be more lenient towards regulatory compliance so that growth can be accelerated, and that will be good news to those China-linked companies that were once hit badly by the regulations.

If these companies can survive the previous wrath of China regulations, I am confident that these companies will strive when the regulations lax or at least, no new surprises emerge [Cool]  [Miser]  

China Vows to Issue More Debt, Cut Interest Rates Next Year

UPDATE 1-China vows to issue more debt, cut interest rates next yearAdds quotes, detailBy Ellen Zhang and Kevin Yao. China pledged on Thursday to increase the budget deficit, issue more debt and loosen monetary policy to maintain a stable economic growth rate as it gears up for more trade tensions with the United States.This dovish shift in messaging shows China is willing to go even deeper into debt, prioritising, at least in the near term, growth over financial risks, analysts said.At CEWC, Beijing sets targets for economic growth, the budget deficit, debt issuance and other variables for the year ahead. The targets are agreed at the meeting, but won't be officially released until an annual parliament meeting in March. Reuters reported last month that government advisers recommended that Beijing keeps its growth target of around 5% unchanged next year.The CEWC readout said it was "necessary to maintain steady economic growth," but did not mention a specific number.
China Vows to Issue More Debt, Cut Interest Rates Next Year
# 💰 Stocks to watch today?(19 Dec)

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  • WeLian
    ·12-13
    TOP
    Don't publish news, stock price sure drop. Sell the news buy  the rumours !
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    • Axekay: 
      oh i see..... [Wow]
      12-13
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  • Miracles7
    ·12-13
    TOP
    Hope so … the rally only lasted less than a day on Monday 😓
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    • Axekay: 
      patience is key for china stocks haha
      12-13
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  • Axekay
    ·12-13
    oh i see....... [Wow]
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